While Amazon founder Jeff Bezos said earlier this week that he hoped for more regulatory stability in India, the next year begins with a trip to India and a potential meeting with Prime Minister Narendra Modi.

Apart from DCA, the commerce ministry is also working on an ecommerce policy to keep the ecommerce marketplaces in place.

The digital payments platform Amazon Pay also managed to widen is losses from INR 334 Cr to INR 1,160 Cr in FY19.

This month, Amazon has also decided to infuse $630 Mn (INR 4,472.50 Cr) into three branches of the Indian unit — Amazon Pay, Amazon Retail and Amazon Sellers Service.

As per business intelligence platform Paper.vc, Amazon will invest INR 3,400 Cr in Amazon Seller Services, INR 900 Cr in Amazon Pay India and INR 172.50 Cr in Amazon Retail to push them more aggressively in the Indian market. | To read full story, visit https://startuparound.com/read/1574132406.0539017/Here’s-Why-Jeff-Bezos’-India-Visit-&-Modi-Meeting-Are-Critical-For-Amazon?ref=audio_experience