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Amazon to buy Indian BNPL startup Axio
The Fly

Amazon to buy Indian BNPL startup Axio

Amazon has agreed to acquire Indian buy-now, pay-later startup Axio, the startup said in a blog post. Amazon, which has held an equity stake in Axio for six years, signed the acquisition agreement in December after completing due diligence, Axio said. Financial terms of the deal were not disclosed.

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