Amazon India has reportedly sought approval of CCI for its proposed Rs 1,500 crore deal to acquire 49% of Future Coupons Ltd (FCL). Amazon wants to make sure that the transaction is in line with the tightened norms for FDI in e-commerce. Amazon is reportedly going to acquire voting and non-voting equity shares of FCL in the proposed deal.  The FDI regulations issued in December, which came into effect from February, mandates marketplaces should hold less than 26% equity with voting rights in any seller.

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