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The growth of Amazon India’s biggest vendor Cloudtail seems to be fading as the company tries to abide by the new FDI guidelines issued by DIPP in March 2016. Cloudtail is a joint venture between Amazon Asia and Infosys founder Narayana Murthy’s personal investment vehicle Catamaran Ventures. Reportedly, Cloudtail posted a 24% jump in its […]
The post Strict FDI Rules Slows Down Growth Of Amazon’s Biggest Seller Cloudtail appeared first on Inc42 Media.

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Reference : https://inc42.com/buzz/fdi-cloudtail-vendor-fy17/