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Amazon India enables exports worth over Rs 66,000 crore, digitises 62 lakh MSMEs, ET Retail

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Amazon India on Thursday said it has cumulatively digitised 62 lakh micro, small, and medium enterprises (MSMEs) and enabled exports worth $8 billion.

As part of its 2025 pledge for key focus areas of job creation, exports, and digitising MSMEs, the company has created 13 lakh direct and indirect jobs out of its pledge to create 2 million (20 lakh) jobs.

Amazon is well on track to fulfil its pledges, it said.

In the last one year, the company said it has helped create about 1.4 lakh direct and indirect jobs across industries like IT, e-commerce, manufacturing, content creation, and skill development.

Started in 2021, Amazon Smbhav Venture fund is a $250 million fund focused on startups in technology, agriculture, and health, among others.

The fund has invested in startups such as FreshtoHome, Hopscotch, Cashify, smallcase and MyGlamm in the last 24 months, Amazon said in a statement.

  • Published On Aug 11, 2023 at 08:40 AM IST

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