India's e-commerce market still nascent, says Amazon's Bezos

Also says, investment in country will keep rolling

Jeff Bezos has assured that Amazon’s massive investments in India will keep rolling as it fights to overtake local rival Flipkart which recently raised a massive $1.4 billion from Tencent, Microsoft and eBay to fend off the US giant.

“It’s still Day 1 for e-commerce in India, and I assure you that we’ll keep investing in technology and infrastructure while working hard to invent on behalf of our customers and small and medium businesses in India,” said Bezos, the founder, and CEO of Amazon, in a statement on Friday.

Amazon said that it has grown its selection of