Cloudtail India Private Limited FY19-20 revenue rises 28% to 11,413 CR
Cloudtail India private limited is a seller on Amazon India. It is a wholly-owned subsidiary of Prione Business Services. The Amazon seller had reported a profit of Rs 68 crores in FY20.
Cloudtail India private limited, Amazon India’s largest seller saw a 27.6% growth in its revenue to Rs.11,413 crore in the year ended March 2020 when compared to Rs.8,945 crores in the previous financial year as per regulatory documents from the Registrar of companies (ROC) sourced from Tofler.
Cloudtail India Amazon seller’s net profit jumped by 130% to 68 crores. Its profit stood at Rs. 29.4 crore during the previous fiscal year.
This has been the third year in a row of profit for Cloudtail India Private Limited. It’s spending went up by 23% to Rs.10,511 crores.
Cloudtail India private limited is one of the leading retailers in the e-commerce marketplace it sells over 30 lakh products in categories like Shoes, Furniture, Apparel, Appliances, and more.
It directly deals with brands, large and small vendors like Fitbit, P&G, Samsung, etc to source its products and sell all over India via Amazon. It’s one of the most trusted sellers on Amazon.
Source- Cloudtail India LinkedIn pageIs Cloudtail India owned by Amazon
Cloudtail India is a wholly-owned subsidiary by Prione Business Services. It was set up in August 2014. it is a seller on Amazon which deals and in a large range of product categories and has an assortment of over 3.5 Million products in categories like fashion, travel, accessories, home appliances, personal care, etc. It is one of the most trusted sellers on Amazon India with high ratings and reviews.
Who is Cloudtail India owner
Prione business services are the Cloudtail India owners. Set up in August 2014 Cloudtail is one of the largest sellers on Amazon with a range of around 3.5 million products across several product categories on Amazon India.
Does Cloudtail sell fake products
Cloudtail does not sell fake products. Cloudtail India private limited one of the most trusted, high rated, and reviewed sellers on Amazon. Cloudtail directly sources its products from large brands, manufactures, and big as well as small vendors. Most of the items sold by them could be Amazon fulfilled, which means the buyer can easily replace/return the product in case they receive a unit that is not as desired.
Is Cloudtail India genuine
Yes, Cloudtail India and all products sold by them are genuine, original, and real. It is one of the most trusted sellers on Amazon in terms of its ratings and review on Amazon India. If products sold by Cloudtail India are Amazon fulfilled it is very easy for the buyer to request for a return/replacement in case the product received is not as desired
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