Amazon India to delist top seller Appario, renews JV with FrontizoIn 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...
31 Oct, 2022, 09.46 PM IST
Cloudtail challenges validity of CCI raids, says no links with AmazonWhile the Delhi High Court stayed the investigation on June 3, the case is currently in the argument stage.
05 Aug, 2022, 06.00 AM IST
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...
25 Apr, 2022, 05.00 PM IST
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.
12 Apr, 2022, 12.12 PM IST
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 ...
28 Mar, 2022, 06.00 AM IST
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...
12 Mar, 2022, 10.23 AM IST
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.
09 Mar, 2022, 11.14 PM IST
Myntra appoints Nupur Nagpal as CHRO and elevates Raghu Krishnananda as CTPONagpal will be responsible for leading the HR roadmap and has joined from Sprinklr, where she was leading the people function for JAPAC mar...
18 Jan, 2022, 04.41 PM IST
Amazon India marketplace clocks 49% revenue growth in FY21Amazon Seller Services, which runs the Amazon India marketplace, posted a loss of Rs 4,748 crore in FY21, down from Rs 5,849 crore in FY20....
05 Jan, 2022, 01.38 PM IST
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...
22 Dec, 2021, 10.00 PM IST
Covid gains: 3 sellers on Amazon log 38% increase in FY21 salesCloudtail's and Appario's revenue surged by over 46% to ₹16,639 crore and ₹14,628 crore respectively in FY21, while that of food and grocer...
17 Nov, 2021, 09.53 AM IST
Amazon to appoint independent sellers to take over Cloudtail businessAmazon will also not hold any stake directly or indirectly in these mid-sized sellers.
11 Aug, 2021, 06.00 AM IST
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 ...
09 Aug, 2021, 07.08 PM IST
Cloudtail India revenue up 25%, touches Rs 8,945 croreCloudtail’s growth comes despite a major change in ownership of its holding firm.
14 Oct, 2019, 07.51 AM IST
‘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.
08 Feb, 2019, 10.41 AM IST
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.
31 Mar, 2016, 11.54 AM IST
Accenture to acquire Germany-based Prion GroupAccenture today said it will acquire Germany-based Prion Group, a move that will help enhance its product lifecycle management.
13 Aug, 2013, 02.44 PM IST