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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...- Amazon India’s erstwhile biggest seller Cloudtail revenue jumped 15% before shutdownCloudtail’s biggest expenditure was related to purchase of inventory, which rose around 6% to Rs 15,492 crore.
- ‘Mini Cloudtails’ mushroom on Amazon after largest seller shuts downThese new entities are run by former executives of Cloudtail, as well as of Appario Retail, another company which is still a seller on the ...
- 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.
- 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 ...
- Former Amazon India seller Cloudtail says antitrust raid illegally detained employeesCloudtail, among a handful of online sellers raided in an investigation of Amazon and Walmart's Flipkart over suspected preferential treatm...
- 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 ...
- Cocoblu Retail to take over fashion, apparel business of Amazon's largest seller CloudtailThe company is also creating its team from Cloudtail such as CEO Chandramouli Venkataraman, who joined in February from Cloudtail where he ...
- 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...
- Amazon India finds Cloudtail’s replacement for retail of electronic goodsThe Salarpuria-Sattva Group, one of the largest real estate developers in South India, has incorporated Dawntech Electronics to take over t...
- 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...
- Cloudtail India's GST registration suspended after tax officials find mismatch in records“It may be noted that as part of a regular physical verification exercise, the premise (principal place of business) of M/S Cloudtail India...
- 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,...
- Cloudtail India revenue up 25%, touches Rs 8,945 croreCloudtail’s growth comes despite a major change in ownership of its holding firm.
- 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.
- Cloudtail’s growth graph stalls as Amazon shifts focus to other sellersAmazon’s move to focus on other sellers beyond its seller entity Cloudtail has seen the latter’s revenue growth remain almost stagnant, whi...
- Sellers allege Amazon favours Cloudtail, plan to move CCICloudtail is a joint venture between Amazon and Infosys cofounder Narayana Murthy’s family office Catamaran Ventures, and has been one of t...
- To comply with foreign investment norms, Amazon India's Cloudtail to stop selling mobile phonesCloudtail is a joint venture between Amazon Asia and Infosys founder Narayan Murthy’s personal investment vehicle Catamaran.
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