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Tata close to announcing big investment deals in BigBasket, 1mg

Synopsis The cash infusion is part of a $1.2 billion Tata-BigBasket deal, which will see the conglomerate acquire 60% stake in the online grocery firm. Tata Group is also close to finalising a $200-250 million investment in e-pharmacy 1mg. ETtech Tata Group is taking the acquisitions route to boost its super app plan. (Illustration: Rahul Awasthi/ETtech) Mumbai | Bengaluru: The Tata Group has finalised a $200-250 million primary cash infusion in BigBasket as part of its larger deal to acquire a...
Abhinay Choudhari Vipul Parekh Hari Menon Reliance Industries Ltd Tata Group Abraaj Group

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