 "Amazon launches B2B online marketplace in India")
Amazon has launched a marketplace for small and medium enterprises to buy products from its online platform, taking on German retail giant Metro AG, which has a cash-and-carry business in India, and Nandan Nilekani-backed Power2SME.
Amazon Business, which was launched in the US in 2015, has now made its way to India and will allow any business with a GST number to register itself as a buyer. All products sold on the platform will come with GST compliant invoices, allowing buyers to easily claim input tax credit.
"One of the biggest opportunities in the online selling space is actually in
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