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Amazon infuses Rs 130 crore more in its logistics arm ATS

Amazon India's logistics arm Amazon Transportation Services (ATS) has further received funding of Rs 130 crore as per the Registrar of Companies documents, reports Financial Express. The capital came in from the US-based parent Amazon Inc. Amazon has been strengthening its logistics arm in India in a big way, ATS received Rs 207 crore worth of funding from Singapore-based Amazon Corporate Holdings and Amazon Malaysia, in June, and before that, it had received Rs 67 crore in September 2016. Drone Delivery? Note that the development comes when the Directorate General of Civil Aviation (DGCA) released draft rules on its website last week and seek comments from the public. Under the proposed rules, drones can be used for commercial purposes but it’s not clear how this will be implemented. Note that in October, Amazon Inc. had filed a patent application in India for multi-scale fiducials, which is…

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