Amazon India top seller Cloudtail’s revenue rises fourfold to Rs4,600 crore

Cloudtail India is a joint venture of Amazon.com Inc. and Infosys Ltd co-founder NR Narayana Murthy’s Catamaran Ventures.

Cloudtail India ended 2016 with revenue of Rs4,591.2 crore, compared with Rs1,145.4 crore in the year-ago period

Bengaluru: Cloudtail India Pvt. Ltd, a joint venture between Amazon.com Inc. and Infosys Ltd co-founder N.R. Narayana Murthy’s Catamaran Ventures, posted a fourfold increase in revenue in the year ended March 2016 and received fresh funds amid a market-share battle between Amazon and FLIPKART.

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