In a joint statement, the two parties said the joint venture has been renewed for three years but Appario will cease to be a seller on both...

Cloudtail’s biggest expenditure was related to purchase of inventory, which rose around 6% to Rs 15,492 crore.

The JV was dissolved after Murthy's Catamaran, which held a 74 per cent stake in the Prione Business Services that operated the JV, decided...

People familiar with the matter said the raids, carried out in the capital, New Delhi and the southern tech hub of Bengaluru, related to CC...

The notice from the Cloudtail CEO marks the first instance of the Prione subsidiary formally informing vendors of shutting Cloudtail.

The contract between Amazon and Catamaran Ventures – NR Narayana Murthy's investment office –- is slated to expire on May 19, but Amazon is...

While Cloudtail will operate as per current strictures until May, if CCI’s clearance comes before that, the companies will move ahead to co...

The Salarpuria-Sattva Group, one of the largest real estate developers in South India, has incorporated Dawntech Electronics to take over t...

In 2010, three years before Amazon made its India e-commerce marketplace debut, the US giant circulated an investment proposal, code-named ...

The suspension of GST registration sparked some confusions among Cloudtail vendors, many whom approached the Bengaluru-based vendor for ans...

Cloudtail said it’s working with stakeholders to ensure that the disruption is minimised. “We are actively working with vendors, employees,...

Amazon’s largest sellers seek 18-20% hike on current margin base as they chase profitability.

Amazon’s move to focus on other sellers beyond its seller entity Cloudtail has seen the latter’s revenue growth remain almost stagnant, whi...

Last month, Cloudtail dragged the Mumbai-based company to the Delhi court and sought damages of more than Rs 1 crore.

Cloudtail, a JV between Amazon Asia and Infosys founder Narayan Murthy’s personal investment vehicle Catamaran, posted over 300% jump in re...

Mobile phones, the largest category in ecommerce, are both a high-value and a high-volume product, contributing significantly to Cloudtail’...

A star venture capitalist recently lauded Infosys founder N R Narayana Murthy as the smartest e-commerce investor in India.