Taking on Flipkart: Amazon invested $1 bn in India e-commerce arm since Jan

Amazon reported that its international losses soared to $936 million in the three months that ended September

US online retail giant Amazon has invested Rs 6,200 crore (about $1 billion) in its e-commerce business in India since the beginning of this calendar year as it competes with cash-flush rival Flipkart.

Amazon Seller Services, largest arm of the US company here, has seen three rounds of capital infusion this year. The largest, of Rs 2,900 crore, was at end-September, according to official filings.

This brings the total pumped into this arm to Rs 17,839 crore ($2.7 billion). The figure shows how quickly Amazon has ramped up its investment in Indian e-commerce, with $1 billion of that being invested