ok, @AlexT- Thanks for your reply. Actually, I was talking about 6.5 and I think this feature is available with AEMaaCS, so that's confusing me somewhere...

Thanks @arunpatidar for your update. Actually i was not aware of magento community. I thought I can have magento expert in this community as well..

Hi @kautuk_sahni But this the screen where i can't see any of the upload folder options. It is to create a folder...  

@arunpatidar Can you please provide the Version of AEM on which it is supported? Because when I click on the link it redirects to the older version pages.....

Please check with your account type if it's personal, then the Adobe Experience Manager tab will not be visible to you...Or you have to get access fro Adobe for the SD Portal