India, March 7 -- Ecommerce giant Amazon is looking to shut down its refurbished platform Renewed across all product lines in India on the back of rising challenges in the business.

"Amazon India is considering shutting down its refurbished product category across all product lines in India, effective end of March 2025. Given our presence on the Amazon marketplace, this development, if implemented, is expected to have an impact on our business in the short term," NewJaisa Technologies, which sells on Amazon Renewed, said in an exchange filing.

Entrackr reported the development first.

Inc42 has reached out to Amazon for comments on the development. The story will be updated based on the response.

Renewed was introduced by Amazon in 201...