Amazon’s Largest Seller Cloudtail Sees 25% Revenue Growth

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Cloudtail's growth is despite running into regulatory hurdles that resulted in some downtime in the January quarter The company is a joint venture of Amazon and NR Narayana Murthy’s Catamaran Ventures Cloudtail’s expenses went up by 27% to INR 8,899 Cr during the previous financial year Cloudtail India reported a revenue growth of 25% to INR 8,945 Cr in the year ended March 2019, the Amazon affiliated company announced. Cloudtail is the single largest seller on Amazon’s India marketplace. However, the revenue growth at Cloudtail comes even though seller ran into regulatory issues that resulted in some downtime in January and February. It is owned by Prione Business Services, a joint venture between Amazon India and Infosys founder NR Narayana Murthy’s Catamaran Ventures.

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