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Catamaran-Amazon venture ends, decision follows harsh criticism from traders association for unfair trade practices.

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      Amazon has decided to discontinue its partnership with NR Narayana Murthy-owned Catamaran Ventures.

      The Prione Business Services JV was formalised in 2014 and owns Cloudtail one of the largest sellers on Amazon India website. The development comes at a time when CCI is probing the ecommerce giant for issues of vendor bias towards sellers that they have a stake in.

      The two partners today announced they have mutually decided to not continue their joint venture beyond the end of its current term," Amazon said in a statement on August 9. The JV was up for renewal in May 2022.

      निकायचुनावराजस्थानजीतकांग्रेसबीएसपीएनसीपीबीजेपी

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