The Tata-1mg deal comes when Reliance Industries has entered the online pharmacy space by acquiring Netmeds while PharmEasy merged with smaller rival Medlife ahead of an IPO.
If the Tata-Curefit deal goes through, there is a good chance that Curefit s co-founder Mukesh Bansal will join Tata Digital and run not only Curefit. For the record, Ratan Tata—by way of his UC RNT Fund—is an early investor in Curefit.
Tata s Curefit play, Govt s WhatsApp reply
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Good morning,
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.