Prione Business Services Revenue and Competitors

Bangalore, India

Location

N/A

Total Funding

Retail

Industry

Estimated Revenue & Valuation

  • Prione Business Services's estimated annual revenue is currently $90.8M per year.(i)
  • Prione Business Services's estimated revenue per employee is $141,875

Employee Data

  • Prione Business Services has 640 Employees.(i)
  • Prione Business Services grew their employee count by 27% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$906.6M55865%$148.5MN/A
#2
$64.4M45416%N/AN/A
#3
$5.9M58-6%N/AN/A
#4
$90.8M64027%N/AN/A
#5
$3M350%$6.4MN/A
#6
$5.9M600%₹200MN/A
#7
$7.4M729%N/AN/A
#8
$130.6M82210%N/AN/A
#9
$0.1M1-75%N/AN/A
#10
$29.5M236-7%$4MN/A
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What Is Prione Business Services?

Prione Business Services Pvt. Ltd. (Prione) is a joint venture between Catamaran Ventures and Amazon. Prione was established in June 2014 to initiate and enable Small and Medium businesses (SMBs) to be successful in the e-commerce space. As of Q1 2018, Prione has enabled more than 65,000 SMBs across 30+ product categories. Prione has a strength of 500+ feet on the street team with a reach in 150+ cities in India. At Prione, we have the experience and technology to help SMBs start and grow their online business without the usual heavy investment required in traditional retail. We hope to create the largest and most active SMB network in the fast-growing digital commerce space. Our endeavour is to help SMBs through every stage of their online journey from understanding e-commerce, creating product catalogs, training on the tools and technology needed for an online business to advising them on logistics and products for growth of their online business. We aspire to transform the lives of SMBs by helping them succeed online. We support SMBs to develop them from a traditional retail store with local customers limited to a certain physical catchment area to an online business with buyers from across all over the country. Vision: Prione's vision is to enable Indian SMBs and make them successful in the fast-growing digital economy by creation and upliftment of SMB capabilities. We offer services that enable SMBs to develop their business profitably using the power of the internet to reach their customers and to succeed in today's digital economy.

keywords:N/A

N/A

Total Funding

640

Number of Employees

$90.8M

Revenue (est)

27%

Employee Growth %

N/A

Valuation

N/A

Accelerator

Prione Business Services News

2022-04-13 - Cloudtail sends termination notice to vendors

Emails seeking comment sent to Amazon India and Prione Business Services, which operates Cloudtail, did not elicit any response till the...

2022-03-30 - Cocoblu Retail to take over fashion, apparel business of Amazon's largest seller Cloudtail

Cocoblu Retail to take over fashion, apparel business of Amazon's largest ... Ventures in Cloudtail's parent, Prione Business Services.

2022-03-30 - Cloudtail starts shipping business inventory to other sellers as closure nears

Some of the electronics business of Cloudtail is being transferred to ... bid to acquire 100% in Cloudtail parent Prione Business Services.

2019-09-08 - Biyani company valued at Rs 43,000 crore: Amazon gets coupons to invest in Future Retail

Also, Amazon Asia had to reduce its stake to 24% from 49% in Prione Business Services, which managed Cloudtail, its largest vendor, so that it ...

2019-09-07 - Amazon to take on Swiggy and Zomato with new food ordering service

The business will be called 'Amazon Restaurant' and Amazon is trying to ... Prione Business Services for handling the food delivery business.

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$72.1M64122%N/A
#2
$58.5M64624%N/A
#3
$109M6462%N/A
#4
$58.6M6470%N/A
#5
$86.9M652-5%$141M