Amazon is investing $2b in its India operations, as the country’s online retail war heats up

E-commerce firm Flipkart raised $1 billion yesterday in what is by far the largest funding deal for an Indian startup to date. How can you top that? How about $2 billion? That’s exactly what Amazon — one rival that has motivated Flipkart to raise more capital — is doing. The US company chose today to cheekily announce plans to invest $2 billion into its one-year old operations in India, as first spotted by Next Big What. Amazon CEO and founder Jeff Bezos explained the “huge potential” that he sees in the country: After our first year in business, the response from customers…

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