Amazon acquires Indian retail tech startup Perpule

Amazon acquires Indian retail tech startup Perpule

REUTERS/Pascal Rossignol

Amazon Technologies Inc., part of Amazon.com Inc., has acquired retail tech startup Perpule in an all cash-deal of 107.6 crore to bolster its play in the kirana-tech space, according to regulatory filings.

Amazon is expected to pay additional remuneration to Bengaluru-based Perpule’s employees, which may bump up the overall deal value to about 150 crore, according to two individuals aware of the discussions.

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