Tata Group: Tatas line up $1.2 billion for e-commerce play | India Business News - Times of India
Tata Group: Tatas line up $1.2 billion for e-commerce play | India Business News – Times of India
BENGALURU: Tata Group is set to invest around $1.2 billion for its entry into digital commerce with majority stakes in e-grocer Bigbasket and e-pharma platform 1MG, according to two sources briefed on the matter. These sources said Tatas are finalising an investment of $940-950 million in Bigbasket for under 70% stake, valuing the company at around $1.4 billion. The Mumbai-based conglomerate is…
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