News > Amazon announces $250 million fund to help MSMEs go digital in India 

Amazon announces $250 million fund to help MSMEs go digital in India 

Business Standard | 15/04/2021 05:23 PM | Click to read full article

E-commerce giant Amazon on Thursday announced a $250 million (around Rs 1,873 crore) fund that will focus on digitising small and medium businesses and drive innovation in the areas of agri-tech and health-tech.

Small and medium-sized businesses are often the engine and the lifeblood of economies. Amazon is very passionate about trying to enable the acceleration of SMBs in fueling innovation and the economy in India.