Smbhav Venture Fund

Enabling acceleration of small and medium sized businesses

Through the Smbhav Venture Fund, Amazon will invest in technology startups that digitize SMBs for demand access, efficient operations and supply chain efficiency. The Venture Fund will independently invest in startups, building solutions to empower SMBs to launch, manage, and grow their business online, automate and digitize their operations, and expand their business globally by exporting to customers worldwide.

Amit Agarwal and Andrew Jassy talk about the Smbhav Venture fund and other initiatives announced at Amazon Smbhav Summit 2021

Two additional focus areas will be agriculture and healthcare.

Agri-tech sector: the Venture Fund aims to invest in Indian startups that are using technology to bring the best produce to consumers, make agri-inputs more accessible to farmers, provide tailored agronomy solutions to farmers to improve productivity, distribute credit and insurance to farmers or reduce food waste by building efficient farm to fork supply chains.
Healthcare sector: the Venture Fund aims to invest in Indian startups that are using technology for doctor assistance, telemedicine, e-diagnosis, AI powered treatment recommendations or digitizing operations of healthcare providers such as independent primary care clinics, diagnostic labs, pharmacy value chain or specialty doctor clinics for improving access to a wider patient base agnostic of physical geographic location.

Towards this objective and as part of the Venture Fund, Amazon announced an investment in “M1xchange”– a startup focusing on invoice discounting marketplace exchange for MSMEs established under the TReDS license (Trade Receivables Discounting System license). M1xchange connects MSMEs with banks & financiers (and vice versa) through the marketplace exchange and the MSME is able to assign its invoice dues to a bank or financier and receive financing at better rates; thereby, solving the payments challenge for MSMEs.

If your business is based in India and you are interested in the Amazon Smbhav Venture Fund, share your details in the form below and we will be in touch with more details in the coming months

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