Breaking Amazon to end relationship with Indian seller Cloudtail

[rahul1117kumar]

https://twitter.com/x/status/1424741950071074828

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[vicky 1213]

https://twitter.com/x/status/1424741950071074828

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Just friends

 

[Itsme...]

Funny. They are the ones who indirectly own Cloudtail.

 

[GJ mit]

https://twitter.com/x/status/1501759814707589123

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[GJ mit]

Amazon India is set to discontinue the services of its top seller—Cloudtail—in the next one month, as India’s regulatory watchdog approves the ecommerce giant’s bid to fully acquire the parent Prione Business Services, bringing to an end the contract between the American company and Infosys founder NR Narayana Murthy's investment office Catamaran Ventures, people in the know told ET. The contract was slated to expire by May 19, 2022 but Cloudtail is expected to shut sooner, they added.

Cloudtail: Amazon set to wheel away Cloudtail basket - The Economic Times

The contract between Amazon and Catamaran Ventures – NR Narayana Murthy's investment office –- is slated to expire on May 19, but Amazon is now expected to close Cloudtail before that.

m.economictimes.com

 

[Bapun]

Amazon | Cloudtail: With no catamaran to keep it afloat, Amazon may sink Cloudtail

Cloudtail, as one of the largest sellers on Amazon, has played its part in driving sales at the e-commerce giants marketplace. It has been a fast-growing and profitable business in its own right. But now that Amazon will own 100% of the company, Cloudtails future has hit a regulatory wall. Is...

economictimes.indiatimes.com

 

[Bapun]

A former top seller for Amazon in India, Cloudtail, has accused India's antitrust agency of illegally detaining its employees during a raid over suspected competition law violations, court documents seen by Reuters show.

EXCLUSIVE Former Amazon India seller says antitrust raid illegally detained employees

A former top seller for Amazon in India, Cloudtail, has accused India's antitrust agency of illegally detaining its employees during a raid over suspected competition law violations, court documents seen by Reuters show.

www.reuters.com