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Infosys' Narayana Murthy, Sudha Murty earn ₹915 crore from Cloudtail-Amazon deal

Murthy family-led investment firm Catamaran sold its stake in Cloudtail to Amazon, earning a significant profit through their deal. ....

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EXCLUSIVE: As closure nears, Amazon may absorb 400 Cloudtail India employees

Cloudtail India, as per its official LinkedIn page, has 445 employees in India and was set up in 2014 as a joint venture between N.R. Narayana Murthy’s family office, Catamaran Ventures, and Amazon India. ....

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CAIT moves CCI seeking to block Amazon-Cloudtail deal

Amazon had announced last month that it is awaiting approval from the competition watchdog for 100 percent acquisition of Cloudtail, the top seller on the online marketplace ....

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Traders' body moves Competition Commission against Amazon-Cloudtail deal

The Confederation of All Indian Traders (CAIT) has moved the Competition Commission of India (CCI), seeking a direction to block the acquisition of Cloudtail India by Amazon. ....

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How Amazon used Cloudtail, Appario to snowball its India sales

How Amazon used Cloudtail, Appario to snowball its India sales
Amazon s strategy behind the joint ventures was to boost sales indirectly; the e-commerce giant removed the products sold by Cloudtail and Appario from the platform in 2019
BusinessToday.In | February 18, 2021 | Updated 13:39 IST
With the help of Amazon, Cloudtail acquired key relationships with major tech firms-Apple, OnePlus, and Microsoft
Amazon s leaked internal document has brought the spotlight on two particular sellers on the platform Cloudtail and Appario - who enjoyed over 35 percent of total sales on the platform until 2019. The leaked internal document was part of a briefing note prepared for Amazon.com Inc s former executive Jay Carney accessed by Reuters. ....

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