Even as Walmart appears all set to acquire Flipkart, rival Amazon, through its Singapore arm, has invested Rs. 2,600 crore in its Indian subsidiary.
In a regulatory filing, the company said the investment was carried out by Singapore-based Amazon Corporate Holdings. The company is likely to invest more funds in its Indian subsidiary soon, sources said.

The filings were accessed by business intelligence platform, paper.vc. The US-based e-commerce giant plans to ramp up the storage capacity of its fulfilment centre network by five million cubic feet, with five new FCs, in preparation for the festival season later this year.

The new FCs will be set up in Bengaluru, Mumbai, Gurugram, Vijayawada and Kolkata to support increased customer and seller demand.

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