Amazon unveils $250 million Smbhav Venture Fund for startups, entrepreneurs
Aims to encourage the best ideas to digitise SMBs, drive tech-led innovation
The primary focus is agriculture and tech-induced quality healthcare access
As part of the fund, Amazon announced an investment in M1xchange, a digital marketplace startup
Amazon will also digitally empower and bring 1 Million offline retailers and Kirana stores online
Amazon has launched the ‘Local Shops on Amazon’ programme for this purpose
