<ul><li>Amazon.com Inc. has sold its entire 4% stake in Shoppers Stop Ltd. for Rs 276 crore.</li><li>Amazon made a 54% profit on its initial investment in Shoppers Stop.</li><li>Tata Mutual Fund, Kotak Mahindra Mutual Fund, and Morgan Stanley Asia Singapore Pte. were among the buyers of Amazon's stake.</li><li>Shoppers Stop aims to leverage institutional investors' support and focus on combining online and offline retail experiences.</li></ul>

Amazon Sells Shoppers Stop Stake for Rs 276 Crore, Bags 54% Profit

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