Amazon India’s biggest merchant Cloudtail, has reportedly stopped the sale of mobile phones via the online ecommerce platform. Cloudtail is a joint venture between Amazon Asia and Infosys founder NR Narayana Murthy’s private investment fund Catamaran Ventures. The sales have been brought to a halt following India’s foreign investment policies that prevent a single seller from […]
The post Amazon India’s Cloudtail To Stop Sale Of Mobile Phones, Complies With FDI Norms appeared first on Inc42 Media.