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Zomato ने किया Grofers में क़रीब ₹890 करोड़ का निवेश, वैल्यूएशन हुई $1 Bn thetechportal.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thetechportal.in Daily Mail and Mail on Sunday newspapers.
» Tata’s tryst with e-grocery starts with a billion dollar acquisition of BigBasket – here’s why it could be a sweet deal for both Tata’s tryst with e-grocery starts with a billion dollar acquisition of BigBasket – here’s why it could be a sweet deal for both Sanchita DashMar 13, 2021, 10:01 IST BI India/BCCL Tata Digital, a subsidiary of the Tata Group, moved the Competition Commission of India for an approval of its stake in BigBasket. Tata is set to acquire a 64.3% stake in the grocery unicorn. Here’s a deep dive into the deal and why the 152-year old conglomerate is interested in the 10-year old startup.The Tata Group has reportedly acquired a 64.3% stake in Indian grocery unicorn BigBasket. The deal which would cost the 152-year old conglomerate as much as $1.3 billion has been many months in the making, with the Tatas inherent wish to become a majority player in the Indian e-commerce market. ....