Amazon completes Axio acquisition, secures access to direct lending business in India


FILE PHOTO: The logo of Amazon is pictured at the company logistics center in Carquefou near Nantes, France, October 15, 2024. REUTERS/Stephane Mahe/File Photo

(Corrects headline and first paragraph to clarify that Amazon will hold the direct lending licence through Axio)

MUMBAI (Reuters) -Amazonsaid on Thursday that it has completed the acquisition of Bengaluru-based non-banking lender Axio for an undisclosed amount, securing access to a direct lending business in India.

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