Amazon announces grant for Indian businesses to set up delivery

12 Aug 2022 CW Team

Ecommerce firm Amazon has announced a grant to empower entrepreneurs from underrepresented communities to join its Delivery Service Partner (DSP) programme in India.

DSP assists entrepreneurs in starting their own delivery business by providing them with access to Amazon's delivery technology and hands-on training. It also provides exclusively negotiated deals on services such as payroll management, insurance, and recruitment technology.

Amazon said it has committed nearly $7 million worldwide supporting hundreds of entrepreneurs through various grant programmes. A diversity grant assists women, persons with disability and people from the LGBTQIA+ community with covering some of the costs of setting up business. Those with no prior logistics experience can apply for the grant and participate in the programme.

"The DSP programme has not only aided Amazon in providing growth opportunities to SMBs, but it has also enabled us to expand our delivery network into the country's hinterlands,” said Dr Karuna Shankar Pande, director at Amazon Logistics, India. “We are offering a special grant to women and other underrepresented communities joining the program to evolve the entrepreneurship ecosystem in logistics.”

In 2021, Amazon expanded the DSP programme in India to support aspiring entrepreneurs to develop and launch their delivery services, even if they had no prior delivery expertise. Amazon India has more than 350 entrepreneurs who are part of the programme.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..