A new seller-funding programme named Amazon Wings was launched by Amazon India

Presently, Amazon India runs a programme called Launchpad that helps product start-ups get a wider reach on the platform.
Akarsh Phanindra

Updated: Apr 08,2019 10:00:35 am

A new seller-funding programme named Amazon Wings was launched by Amazon India

08 April 2019 Current Affairs:A new seller-funding programme named ‘Amazon Wings’  launched by Amazon India to help the small businesses and entrepreneurs to raise funds through the crowd funding platform.
Amazon India sellers can use the Ketto’s platform for a subsidized fee which is around 50 percent to initiate fundraisers.
With this initiative, the small businesses and entrepreneurs of this platform can raise the funds for their business expansion, product development, and foster innovation or community development.
They launched a dedicated microsite to feature fundraisers initiated by sellers by which they can raise small ticket funds starting from as little as Rs 50,000 by means of crowd-funding through multiple individuals.
About Amazon:
♦ Founded: 5th July, 1994
♦ Founder: Jeff Bezos
♦ Headquarters: Seattle, Washington, U.S
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