Amazon Vows To Bring 1 Million Retailers Online With $250 Million Venture Fund

E-Commerce giant 'Amazon' launched a $250 million Amazon Smbhav Venture Fund, on April 15, along with other initiative aimed at upscaling SME's. Aimed at upgrading healthcare and agricultural sectors, the package will assist budding entrepreneurs and startups in digitising SMEs. While vowing to bring 1 million retailers under their umbrella by 2025, the company also launched an initiative to bring 50,000 artisans under the flagship 'Spotlight North East'.