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CLOUDTAIL CATAMARAN VENTURES
Cloudtail India FY23 revenue plummets 84% as firm stops selling on Amazon marketplaceThe parent company of Cloudtail India has been renamed -- from Prione Business Services to Amazon Smart Commerce Solutions. Last year, Amaz...
Cloudtail challenges validity of CCI searches on April 28People with direct knowledge of the matter said through a web of corporate restructuring, Amazon gave up its stake in Cloudtail India even ...
CCI raids top sellers of Amazon, other etailersPeople familiar with the matter said the raids, carried out in the capital, New Delhi and the southern tech hub of Bengaluru, related to CC...
Amazon to absorb all Cloudtail, Prione employees, JV CEO tells employeesCloudtail, set up in 2014 as a joint venture between Amazon and Infosys founder NR Narayana Murthy’s Catamaran Ventures, is one of the larg...
Cloudtail sends termination notice to vendorsThe notice from the Cloudtail CEO marks the first instance of the Prione subsidiary formally informing vendors of shutting Cloudtail.
Cloudtail starts shipping business inventory to other sellers as closure nearsVendors who supply to Cloudtail across categories like electronics, health and personal care, and smartphones are being sent new contracts ...
Amazon set to wheel away Cloudtail basketThe contract between Amazon and Catamaran Ventures – NR Narayana Murthy's investment office –- is slated to expire on May 19, but Amazon is...
CCI clears Amazon’s proposal to buy Catamaran’s stake in Cloudtail parentTop Amazon India executives are expected to hold a meeting on the matter on Thursday, people aware of the developments said.
Amazon seeks CCI's nod to buy Catamaran's stake in CloudtailWhile Cloudtail will operate as per current strictures until May, if CCI’s clearance comes before that, the companies will move ahead to co...
Amazon plans Cloudtail takeover; Swiggy eyes Rapido betAmazon will pick up Catamarans’ stake in the joint venture and the ecommerce giant has made a filing with the Competition Commission of Ind...
ISC urges Narayana Murthy to extend support to antitrust probe against AmazonIn an open letter to Murthy, ISC also urged that the Rs 5,856.45 crore margins/profit out of the Rs 39,043 crore revenue that Cloudtail ear...
ET Exclusive: Murthy's Catamaran Ventures and Amazon India decide not to renew JV next year in CloudtailCatamaran and Amazon, the two partners have mutually decided to not continue their joint venture beyond the end of its current term ending ...
Amazon India vendor Cloudtail faces Rs 56 crore tax demand: ReportCloudtail has disputed the service tax claim and the matter is before the adjudicating authorities, says a spokesperson for the joint ventu...
UK Chancellor Rishi Sunak drawn into in-law Narayana Murthy Amazon tax disputeAmazon reportedly developed independent sellers such as Cloudtail, as 'special merchant' which enjoyed over 35 per cent of total sales on t...
NR Narayana Murthy’s Catamaran Ventures in talks to pick up stake in UdaanA minority stake in Udaan will give NR Narayana Murthy’s Catamaran Ventures a foothold in India’s B2B e-commerce space dominated by IndiaMa...
Cloudtail sees profit jump 130% in FY20For Cloudtail, a joint venture between Amazon and Infosys co-founder Narayana Murthy’s Catamaran Ventures, this is the third year in a row ...
Top Amazon vendor Cloudtail delays payments to suppliersCloudtail said it’s working with stakeholders to ensure that the disruption is minimised. “We are actively working with vendors, employees,...
Amazon vendor Cloudtail looks to exit food spaceCloudtail is enrolling independent vendors to sell imported food products that Amazon Retail India (ARIPL) cannot trade on its marketplace.
‘Ecommerce rules won’t hit Cloudtail volumes on Amazon’Seller’s sales on Amazon platform have always been below a quarter of the retailer’s annual sales transactions, say industry sources.
Narayana Murthy's bet on Amazon faces rough weatherA star venture capitalist recently lauded Infosys founder N R Narayana Murthy as the smartest e-commerce investor in India.