Amazon Wholesale gets Rs 100Cr fund infusion Amazon Wholesale (India), the B2B arm of Amazon India received a capital funding of Rs 100 crore (~$15 million) , reports Economic Times. The funding was made in December last month, according to its RoC filings. The wholesale unit named Amazon Business sells food and beverages, stationery, healthcare and personal care products. In December, Amazon India also received Rs 2010 crore from its main unit, taking the overall investment in India to Rs 7,000 crore in FY17. *** Aye Finance raises crore Rs 20Cr from SBI Aye Finance, a Gurgaon based money lending startup has raised Rs 20 crore in debt financing from State Bank of India, reports Economic Times. The company offers working/fixed capital loans, term loans, and other micro business loans focused on SMEs. Currently it claims to have branches in 33 locations in the country. It will use the funds for expanding operations into newer locations and for adding newer customers. *** Nivesh.com secures angel funding Mutual funds investment platform Nivesh.com, has raised an undisclosed amount of angel funding from a cluster of individual investors. These include Rahul Gupta, CEO of Right Global Infosolutions; Sandeep Shroff, CEO of MyStartUpCFO.com and P V Sahad, founder and former CEO of The VCCircle Network. Niveesh.com focuses on tier 2 and 3 cities of India; it will use the fresh funds fro network expansion, reaching out to more customers, and for improving the user experience. *** Collateral Medical raised $3.5M in Series A round Collateral Medical, a…
