Amazon, Future group deal to intensify competition in India's retail Industry
- On Thursday, Kishore Biyani's group company Future Coupons said that Amazon is acquiring a 49% stake in Future Coupons
- This is the third investment by Amazon in an Indian brick and mortar retail business following Shoppers Stop and More
Mumbai: American e-commerce giant Amazon's investment Kishore Biyani's group company Future Coupons, is a win-win for both groups and is expected to increase competition in India's retail sector, feel analysts.
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