NEW DELHI (Reuters) -Amazon.com Inc and one of its biggest sellers in India, Cloudtail, have decided to end their relationship, they said on Monday, following years of allegations from ...
The overall transaction of selling off Cloudtail shares resulted in a profit of around ₹915 crore ($110 million) for Narayana Murthy and Sudha Murty, giving 3X returns on their eight-year-old ...
Amazon and parent of its top Indian seller Cloudtail have decided to not continue their joint venture after May 2022, the two firms said in a statement Monday, hours after India’s top court ruled that ...
The Central Consumer Protection Authority (CCPA) has imposed a penalty of Rs. 1 lakh on Cloudtail India for selling pressure cookers on Amazon in violation of mandatory BIS standards. The authority ...
Tech Editor at MensXP. Analogue at birth, Digital by design. Better known as Bhallanator on Twitter. Akshay is a massive Star Wars fan, A professional gamer and collects sneakers in his spare time. He ...
Bengaluru-based Dawntech Electronics will take over Cloudtail’s consumer electronics business, Economic Times reported on November 25. In August, Amazon and Narayan Murthy-owned Catamaran Ventures ...
Cloudtail, one of the largest sellers on Amazon India, has seen its marketplace fee or commission to Amazon India more than double in the last two years in terms of the percentage of its revenue it ...
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