{"id":4291,"date":"2016-06-09T12:25:06","date_gmt":"2016-06-09T06:55:06","guid":{"rendered":"http:\/\/www.ishwark6.sg-host.com\/?p=4291"},"modified":"2016-06-09T12:25:06","modified_gmt":"2016-06-09T06:55:06","slug":"india-backed-3-billion-investment-amazon","status":"publish","type":"post","link":"https:\/\/startup-buzz.com\/?p=4291","title":{"rendered":"India to be backed by $3 billion Investment from Amazon"},"content":{"rendered":"<blockquote class=\"modern-quote full\">\n<p style=\"text-align: center;\"><strong>Amazon\u2019s love for India!<\/strong><\/p>\n<\/blockquote>\n<p><strong>The Good News<\/strong><\/p>\n<p>Recently, <a href=\"http:\/\/www.ishwark6.sg-host.com\/amazon-introduces-online-video-service\/\">Amazon<\/a>\u2019s CEO Jeff Bezos announces that its online retail company will fund $3 billion to India as it competes with <a href=\"http:\/\/www.ishwark6.sg-host.com\/snapdeal-brings-new-data-science-centre-us\/\">Snapdeal<\/a> and <a href=\"http:\/\/www.ishwark6.sg-host.com\/no-emi-charges-flipkart-purchase\/\">Flipkart<\/a>. The good news was declared in the presence of PM Narendra Modi at the US-India Business Council\u2019s 41st Annual Leadership Summit in Washington DC. Apart from Bezos, other top business leaders were also present at the summit. Earlier in July 2014, the giant had made an investment of $2 billion in India. With all this, the total investment from Amazon comes to $5 billion.<br \/>\n<iframe src=\"https:\/\/www.youtube.com\/embed\/qvEksNCfIsw\" width=\"560\" height=\"315\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p><strong>Words of Wisdom from Jeff Bezos<\/strong><\/p>\n<p>In a press release from the U.S.-India Business Council, Bezos said Amazon \u201chas already created some 45,000 jobs in India and continue[s] to see huge potential in the Indian economy.\u201d<br \/>\n<iframe src=\"https:\/\/www.youtube.com\/embed\/iYv167yVX18\" width=\"420\" height=\"315\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p>In the event, Jeff Bezos along with the top-notch Indian entrepreneur Dilip Shanghvi, Founder and MD of Sun Pharmaceuticals were presented the USIBC\u2019s Global Leadership Award by India\u2019s PM Narendra Modi. Both the leaders were honored for their contributions and commitment to integrating India into the global economy.<\/p>\n<p>According to the reports by Morgan Stanley, India\u2019s e-commerce market is now the fastest-growing in the world and is expected to be worth $119 billion by 2020.<\/p>\n<p><strong>Takeaways:-<\/strong><\/p>\n<ul>\n<li><strong>Amazon funds India $3 billion to compete with Snapdeal and Flipkart.<\/strong><\/li>\n<li><strong>Earlier in July 2014, the giant had made an investment of $2 billion in India. <\/strong><\/li>\n<li><strong>With all this, the total investment from Amazon comes to $5 billion.<\/strong><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Amazon\u2019s love for India! The Good News Recently, Amazon\u2019s CEO Jeff Bezos announces that its online retail company will fund $3 billion to India as it competes with Snapdeal and Flipkart. The good news was declared in the presence of PM Narendra Modi at the US-India Business Council\u2019s 41st Annual<\/p>\n","protected":false},"author":22,"featured_media":4292,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[27,21],"tags":[328,73,70,875],"class_list":["post-4291","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-start-up","tag-amazon","tag-narendra-modi","tag-startup","tag-startup-buzz"],"aioseo_notices":[],"jetpack_featured_media_url":"https:\/\/startup-buzz.com\/wp-content\/uploads\/2016\/06\/india-to-be.jpg","_links":{"self":[{"href":"https:\/\/startup-buzz.com\/index.php?rest_route=\/wp\/v2\/posts\/4291","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/startup-buzz.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/startup-buzz.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/startup-buzz.com\/index.php?rest_route=\/wp\/v2\/users\/22"}],"replies":[{"embeddable":true,"href":"https:\/\/startup-buzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4291"}],"version-history":[{"count":1,"href":"https:\/\/startup-buzz.com\/index.php?rest_route=\/wp\/v2\/posts\/4291\/revisions"}],"predecessor-version":[{"id":4293,"href":"https:\/\/startup-buzz.com\/index.php?rest_route=\/wp\/v2\/posts\/4291\/revisions\/4293"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/startup-buzz.com\/index.php?rest_route=\/wp\/v2\/media\/4292"}],"wp:attachment":[{"href":"https:\/\/startup-buzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4291"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/startup-buzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4291"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/startup-buzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4291"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}