2021
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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$250 million
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$300 million
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$400 million
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$350 million
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Detailed explanation-1: -In the opening session of its flagship event Smbhav, Amazon India today announced a $250 MM Amazon Smbhav Venture Fund (the Venture Fund) to invest in startups and entrepreneurs focusing on technology innovations in SMB digitization, Agriculture and Healthcare.
Detailed explanation-2: -Amazon India report card ‘decidedly mixed’ despite $6.5 billion investment.
Detailed explanation-3: -Funding Rounds Amazon has raised a total of $8.1B in funding over 3 rounds. Their latest funding was raised on Jan 3, 2023 from a Post-IPO Debt round.
Detailed explanation-4: -The Alexa Fund. The Alexa Fund provides up to $200 million in venture capital funding to fuel voice technology innovation. We believe experiences designed around the human voice will fundamentally improve the way people use technology.
Detailed explanation-5: -Amazon’s New Venture: A Digital Assets Company for NFTs and Crypto Games, Sources Say. Sources said that Amazon’s upcoming digital assets company and NFT marketplace could be set to launch this spring.