Catamaran News

Companies

Amazon to acquire full stake in JV Prione Business Services

In August, Amazon and NR Narayana Murthy's Catamaran had announced that they will not continue their joint venture, Prione Business Services, beyond May 2022

1 min read22 Dec 2021
Companies

India e-commerce norms: Amazon may have to sell Cloudtail, Appario stakes

While Cloudtail is a joint venture of Amazon and N.R. Narayana Murthy's Catamaran Ventures, Appario is a joint venture of Amazon and the Patni Group

2 min read28 Dec 2018
Companies

ITI group launches early-stage venture capital fund

ITI group is looking to raise 100 crore for ITI Growth Opportunities Venture Fund with a green shoe option to raise a further 50 crore, says managing general partner Mohit Gulati

2 min read2 Nov 2018
Companies

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

Cloudtail, the largest seller on Amazon India, reported revenue of 7,149.21 crore in 2017-18, compared to 5,631.33 crore in the year-ago period

1 min read14 Oct 2018
Companies

Coverfox gets $22 million funding from Transamerica, others

Online insurance startup Coverfox will use the funding to expand its geographical coverage across smaller cities and specifically address women's needs

2 min read19 Apr 2018
Companies

Innoviti Payment Solutions raises Rs120 crore from SBI-FMO, others

Innoviti Payment Solutions helps merchants accept payments across channels such as the web, mobile, in-store or at the time of delivery

2 min read12 Jul 2017
Companies

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

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

2 min read21 Dec 2016
Companies

Amazon reveals it owns indirect minority stake in India third-party seller

The disclosure points towards Cloudtail India Pvt Ltd, a joint venture between N.R. Narayana Murthy's Catamaran Ventures and Amazon Asia

2 min read14 May 2016
Companies

Amazon’s JV Cloudtail is its biggest seller in India

The joint venture between Amazon India parent and N.R. Narayana Murthy's Catamaran Ventures contributes at least 40% of sales

5 min read29 Oct 2015
Companies

Innoviti raises $5 mn in round led by Catamaran Ventures

Funding would be used to expand its real-time distribution of credit to SMBs as well as for marketing, product development and scaling its overall payments infrastructure

1 min read21 Jul 2015
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