With this change, Cloudtail ceases to be an Amazon group company and becomes eligible to sell on the marketplace. Cloudtail also has independent plans. It will list on online marketplaces Snapdeal , Indiamart and other sites, and will also have its own website. We have no equity participation in any seller company on our marketplace nor does any seller buy more than 25% of its inventory from our wholesale business,” an Amazon India spokesperson said.Catamaran could not be reached for comment on the matter.Appario, the other large seller on Amazon, will make a comeback through the same restructuring route shortly, the people said. However, it allows FDI in marketplaces where independent sellers can list and sell goods.

Source: Economic Times February 07, 2019 01:07 UTC