Cloudtail India Private Limited, Amazon seller’s FY20 net profit up 130%

Cloudtail India
Cloudtail India’s Social Media

Cloudtail India Private limited one of the largest sellers on Amazon India gained over 2 times increase in profits to Rs 67.5 Cr for the FY20 ending on March 31, 2020.

This is the 2nd year of profits for them. Cloudtail is a wholly-owned subsidiary of Prione Business Services.

It had reported a net profit of Rs 29.3 cr in FY19 and a net loss of 4.11 cr in the FY18

Cloudtail Seller’s revenue from operations grew by 28% to 11,412 cr, when compared with Rs. 8,940 cr revenue in FY19.

It reported expenses of Rs 11,313 cr in FY20 when compared with Rs. 8,900 cr in the previous year.

Some frequently asked questions about Cloudtail

Is Cloudtail owned by Amazon?

How do I contact Cloudtail India Private Limited?

Does Cloudtail sell fake products?

Who is the owner of Cloudtail India?

What does Cloudtail India sell?

Source of the news — https://timesofindia.indiatimes.com/business/india-business/cloudtail-profit-up-130-in-2019-20/articleshow/79686140.cms

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