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Amazon Is Adding More India Retailers to Its Shopping Cart

  • The online retailer has bought stakes in two retail companies
  • Purchases give Amazon data, access to smaller cities: Kanekar
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Photographer: Thomas Trutschel/Getty Images Inc. is on a shopping spree in India.

Helmed by the world’s richest man Jeff Bezos, Amazon has bought into one brick-and-mortar retailer, backed purchase of another and is reported to be in talks to acquire a stake in at least one more as the online retailing giant looks to get more boots on the ground in the world’s fastest-growing major economy.