Cloudtail India Private Limited, Amazon seller’s FY20 net profit up 130%
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.
Cloudtail seller on Amazon sells a variety of goods to customers in India. It offers around 30 lakh products across categories like Apparel, books, shoes, furniture, appliances, baby products, beauty care, health care, and more.
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?
Cloudtail is a wholly-owned subsidiary of Prione Business Services. Cloudtail India Private Limited was set up in August 2014. It is one of the largest sellers on Amazon India. Cloudtail seller deals in over 30 lakhs products across categories like home appliances, furniture, apparel, books, and more. Cloudtail India Amazon is one of the most trusted sellers on Amazon as seen from its ratings and reviews.
How do I contact Cloudtail India Private Limited?
One can contact Cloudtail India Private Limited via its address, contact number, and email address mentioned on their official site www. Cloudtail. in/contact
Does Cloudtail sell fake products?
Cloudtail India sells original and real products. Cloudtail does not sell fake products. It is one of the most trusted sellers on Amazon India judging by the reviews and ratings on Amazon. The seller directly sources products in bulk from the manufacturer or brand. In case one receives any undesired product they can easily return/replace their product with the help of Amazon customer support.
Who is the owner of Cloudtail India?
Prione Business services are Cloudtail India’s owner. Cloudtail India private limited is a seller on Amazon. It deals with over 30 lakh products across several product categories like apparel, furniture, home appliances, etc. Set up in August 2014 Cloudtail is one of the largest and most trusted sellers on Amazon India.
What does Cloudtail India sell?
Cloudtail India sells a variety of goods from domestic as well as international brands to Indian customers. It offers over 30 lakh products across categories like apparel, appliances, baby products, beauty care, books, consumer electronics, furniture, handbags, health care, home entertainment, home products, kitchen appliances, luggage, personal care, pet products, shoes, software, sporting goods, and watches. Cloudtail seller is one of the most trusted sellers on Amazon India based on its ratings, reviews, and order delivery speeds.
Source of the news — https://timesofindia.indiatimes.com/business/india-business/cloudtail-profit-up-130-in-2019-20/articleshow/79686140.cms
