Amazon has decided to infuse fresh funds of $300 million to optimize their Indian operations. Besides improving their logistics and products portfolio, Amazon India will provide loans to thousands of SMEs and entrepreneurs in order to help them expand their businesses.

This fresh lease of funds is being seen as part of Amazon’s commitment of infusing $2 billion in Indian operations. With this fresh investment, total investments done by Amazon has reached Rs 4800 crore.

Gopal Pillai, general manager-seller services at Amazon India said, “Access to working capital is the biggest hurdle for sellers. With this we are minimizing the fiction and barriers for the sellers to get loans and helping them focus on growing their business on our platform,”