Tata acquires a majority stake in BigBasket
Tata Sons has acquired a majority stake in popular online grocer BigBasket through its subsidiary, Tata Digital Limited. The majority stake acquisition in BigBasket will help the conglomerate take on the likes of Amazon, Walmart’s Flipkart, Reliance’s JioMart and Softbank-backed Grofers. A regulatory filing by Tata Digital suggests that it has acquired a little over […]
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