Amazon Seller Services Private Limited
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Amazon Seller Services Private Limited - overview
Established
2013
Location
New Delhi, -, India
Primary Industry
Internet
About
Amazon Seller Services Private Limited facilitates e-commerce by providing a platform for sellers to offer various consumer products, enhancing shopping convenience and accessibility across India. Founded in 2013 in New Delhi, India, Amazon Seller Services Private Limited operates as an integral part of Amazon's e-commerce ecosystem, providing a marketplace for diverse sellers. The company has secured funding through 5 deals, with the latest round on November 14, 2021, raising INR 14. 60 billion from Amazon Corporate Holdings Pvt Ltd and Amazon.
com, Inc. The total capital raised amounts to INR 14. 60 billion, reflecting ongoing investor confidence in the business model. The company's primary offerings encompass a wide range of consumer products available through its online shopping platform.
Key product categories include electronics, fashion apparel, home and kitchen appliances, health and personal care items, toys and games, and groceries. The platform operates as a marketplace, enabling various sellers to list their products while also featuring its own private label items. The end-users of these products include a diverse demographic of consumers across urban and rural areas, who utilize the platform for convenience and variety in their shopping experiences. The company serves customers in multiple geographical markets, including major metropolitan areas across India and is expanding its reach to include tier-2 and tier-3 cities, allowing them to access a broader selection of goods.
Revenue for the company is generated primarily through direct-to-consumer sales via its e-commerce platform, amounting to INR 448,618,058. 30 for the year 2023. The structure of transactions involves customers purchasing items at listed prices, with additional revenue from subscription services like Amazon Prime, which offers perks such as free shipping and access to streaming content. The company's EBITDA for 2023 stands at INR -75,295,068.
10. Overall, the revenue model is supported by a mixture of retail sales, subscription services, and partnerships with third-party sellers on the marketplace. In November 2021, Amazon Seller Services Private Limited raised INR 14. 60 billion in venture funding aimed at enhancing its platform capabilities.
The company plans to introduce new product categories and expand its service offerings to better meet customer demands. Additionally, Amazon Seller Services is targeting an increase in penetration into tier-2 and tier-3 cities across India, aiming for completion by 2025. The recent funding will be utilized to support these initiatives, enabling infrastructure improvements and expanded marketing efforts to facilitate growth.
Current Investors
Amazon.com, Inc., Amazon Corporate Holdings Pvt Ltd
Primary Industry
Internet
Sub Industries
Consumer Products, Search Engines
Website
www.amazon.in
Verticals
E-commerce
Company Stage
Early Stage
Total Amount Raised
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