Amazon, Samara Capital pump Rs 300 crore into More Retail
More Retail’s holding company is Witzig Advisory Services which is 49% owned by Amazon and 51% by Samara Alternate Investment Fund. The filings to the Registrar of Companies (RoC) shows there has been a capital infusion into Witzig Advisory on January 12, which in turn on the same day pumped money into More Retail. The last round of capital infusion was for Rs 100 crore.
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