Amazon Pay said to acquire Sequoia-backed Tapzo in India digital payments push

Amazon Pay said to acquire Sequoia-backed Tapzo in India digital payments push

Photo: Jonas Leupe/unsplash

Amazon India’s payments arm, Amazon Pay, has acquired Bengaluru-based and Sequoia-backed startup Tapzo, as the e-commerce giant attempts to aggressively ramp up its payments business and get a bigger slice of India’s booming digital payments economy, currently dominated by the likes of Paytm.

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