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Amazon India largest seller Cloudtail reports second profitable fiscal

Amazon India largest seller Cloudtail reports second profitable fiscal

Submitted by • October 7, 2020 entrackr.com

Amidst ongoing protest by sellers and traders bodies over violation of FDI rules for e-commerce marketplaces, Amazon India’s largest seller, Cloudtail, has revealed its financial performance for FY19.

Cloudtail, a joint venture between Amazon and Infosys founder NR Narayana Murthy’s Catamaran Ventures, has once again hit the profitability milestone for the financial year ending on March 31, 2019.

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