Samara Capital: Amazon and Samara Capital pump more money into More Retail to expand grocery business
Amazon and Samara Capital are investing heavily in More Retail, infusing over Rs 387 crore last fiscal. The company aims to reduce losses by closing unprofitable stores and expanding its presence. More Retail plans to open around 100 new stores in the next 3-4 quarters while integrating Amazon Fresh services.
Read full article »
Samara Capital is an India-based private equity firm that makes investments in middle-market and emerging companies.
Read more