Topics
Latest
AI
Amazon
Image Credits:Dhiraj Singh / Bloomberg / Getty Images
Apps
Biotech & Health
mood
Image Credits:Dhiraj Singh / Bloomberg / Getty Images
Cloud Computing
Commerce
Crypto
endeavour
EVs
Fintech
Fundraising
Gadgets
Gaming
Government & Policy
Hardware
layoff
Media & Entertainment
Meta
Microsoft
Privacy
Robotics
Security
Social
Space
startup
TikTok
Department of Transportation
speculation
More from TechCrunch
Events
Startup Battlefield
StrictlyVC
Podcasts
TV
Partner Content
TechCrunch Brand Studio
Crunchboard
get through Us
Manish Tiwary , the head of Amazon ’s India operations , is impart the business firm “ to pursue an opportunity outside of the company ” as the U.S. e - commerce giant grapples with mounting pressure sensation from competitors in one of its crucial international markets , TechCrunch has reassert .
Tiwary , who took over as country coach in late 2020 , is departing as Amazon hasnoticeably shift its stress onto its cloud business organisation in Indiaand shutter several other initiatives , including its food delivery speculation . Amazon confirmed Tiwary ’s departure in a assertion that did n’t name a heir . Amit Agarwal , who previously chair Amazon India and presently oversees the issue economies enterprise for the business firm , will “ remain tight involved with the Amazon team , ” a party interpreter say .
Amazon , which has poured more than $ 7 billion into India , is facing hurdling in penetrate the South Asian nation ’s smaller cities and towns , where domestic rivals Flipkart , have by Walmart , and SoftBank - backed Meesho have established secure footholds . Industry analysts say Amazon ’s struggle in these arena stem from its modified product excerpt for price - sensitive customer and less developed logistics web .
Meesho has travel by Amazon in fluid app monthly combat-ready substance abuser part among e - commerce apps in India , Morgan Stanley analyst write in a note Tuesday . Flipkart has more than 50 million daily alive users on its wandering apps in India , whereas Amazon has fewer than 40 million , according to Bank of America analysts .
In urban India , the U.S. whale is grappling with intensifying competition from prompt mercantilism firms BlinkIt , Swiggy and Zepto , which are romance customer with fast deliveries in as trivial as 10 minutes . Flipkart on Mondayrolled out its own quick offering in Bengaluru . Amazon recently deem talks to acquire a bet in Swiggy , according to mass familiar with the matter .
“ India is an important priority for Amazon , ” Amazon added . “ We are excited by the momentum and business termination we have already achieved , and we are even more affirmative about the pregnant chance onwards to introduce on behalf of our customers and digitally transmute liveliness and livelihoods . ”
