Amazon launches Amazon Smbhav Venture Fund


Amazon launches Amazon Smbhav Venture Fund

The Amazon has announced to launch a $250 million (Rs 1,873 crore) venture fund. this fund is also known as “Amazon Smbhav Venture Fund”.

  • The main purpose of “Amazon Smbhav Venture Fund” is to invest in Indian startups and entrepreneurs and is to focus on digitizing SMEs in India.

Amazon Smbhav Venture Fund key priorities

  • Digitisation of small and medium businesses (SME) in India
  • Drive innovation in Agri-tech innovations to empower farmer productivity and reach
  • Drive innovation in Health-tech to provide universal and quality health care

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