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Amazon Ups The Ante Against Flipkart, BigBasket And Grofers With Rs 240 Cr Infusion

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The Seattle-based American multinational tech-gargantuan Amazon has pronounced curative strategies to establish its compelling market presence in Indian loam. The company is actively making moves to capture a lion's share of the food-only retail industry in India. In accordance with the regulatory filings sourced from paper.vc, Amazon Retail India Pvt. Ltd has received the sum of INR 240 Crore (approx $35 million) from...

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