E-commerce firm Cloudtail's revenue grows 46% to Rs 16,639 cr in FY21

The firm's net profit was up 171% YoY to Rs 183 crore

Cloudtail India Private Limited, an e-commerce firm, reported its revenues for financial year 2020-21 as Rs 16,639 crore. This is a 46 per cent jump since the last financial year, show regulatory documents sourced from business intelligence platform Tofler.

The company further reported a net profit of Rs 183 crore during the same fiscal. This is 171  per cent increase from the last financial year. The company’s total expenses for the fiscal were reported as Rs 16,395 crore.

Cloudtail’s parent, Prione Business Services, is jointly owned by Catamaran, led by Infosys founder N R Narayana Murthy and e-commerce giant Amazon.