Amazon buys fintech Axio but few VC investors emerged as winners
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Amazon buys fintech Axio but few VC investors emerged as winners

By Ajay Ramanathan

  • 16 Jan 2025
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Amazon buys fintech Axio but few VC investors emerged as winners
Credit: Reuters

Ecommerce giant Amazon has agreed to acquire India's Axio in a transaction that will likely leave little on the table for the fintech company’s venture capital backers.  Amazon signed an agreement to acquire Axio in December after completion of due diligence, the Indian company said in a blog post. The transaction ......

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