Tata Group Chairman N Chandrasekaran plans to add the new categories in a sequence, not at one go. Earlier, he had said that the super app would be an open architecture.
Tata s Curefit play, Govt s WhatsApp reply
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The Tata Group is on a digital spending spree. After picking up majority stakes in BigBasket and 1mg, the conglomerate is now in talks to buy health and fitness start-up
Curefit and snag its co-founder
Mukesh Bansal to boot.
Robo-advisory becomes unviable
Tata picks up more ammo for battle with Reliance, Amazon
Hi, it s Samidha. Today, Digbijay and I are breaking a big story. The Tata Group has held talks to acquire health and fitness startup Curefit, now branded as Cult.Fit.
Baring Asia puts Hexaware on sale for $2.5-$3 billion
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The Hong Kong-based buyout fund has initiated the process by mandating investment banks Barclays and JP Morgan to find buyers at a valuation of Rs 18,500 crore – Rs 22,200 crore ($2.5-$3 billion), multiple people aware of the development said.
Agencies
Baring acquired a controlling stake in Hexaware in 2013 from promoter Atul Nishar and PE firm General Atlantic, followed by acquisition of shares from public shareholders, which took its holding to 71.25%.
Baring Private Equity Asia has decided to sell Hexaware Technologies Ltd, six months after taking the mid-tier IT services firm private.
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