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Cloudtail India posts 27% rise in sales in 2017-18

Cloudtail India posts 27% rise in sales in 2017-18

Submitted by • November 11, 2020 bit.ly

Cloudtail India Pvt. Ltd, a joint venture of Amazon.com, Inc. and Infosys co-founder N.R. Narayana Murthy’s Catamaran Ventures, posted 27% revenue growth for 2017-18, show regulatory filings. Cloudtail, which is the largest seller on Amazon India’s platform, reported revenue of ₹ 7,149.21 crore, compared to ₹ 5,631.33 crore in the year-ago period, according to documents filed with the Registrar of Companies (RoC), which were sourced from business intelligence platform Paper.vc.

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