07:24 AM EDT, 09/04/2025 (MT Newswires) -- Amazon.com ( AMZN ) said Thursday that it had completed the acquisition of Indian digital lending and checkout finance provider, Axio, after receiving regulatory approval from the Reserve Bank of India.

Financial details of the deal were not disclosed.

Axio will continue to operate under its current leadership team while becoming a unit of Amazon ( AMZN ), the e-commerce giant said.

The acquisition is expected to enhance Amazon's ( AMZN ) ability to offer credit solutions across India, the company said.