vimarsana.com

Page 2 - பலா மா கட்டுப்படுத்தப்படுகிறது News Today : Breaking News, Live Updates & Top Stories | Vimarsana

India: CCI okays Tata Group s acquisition of online grocery platform BigBasket

Tatas To Acquire 68 Pc Stake In BigBasket For Rs 9 500 Cr Sources

BW Businessworld Tatas To Acquire 68 Pc Stake In BigBasket For Rs 9,500 Cr: Sources BigBasket had raised USD 150 million from Mirae, Alibaba and CDC Group, which placed the Bengaluru-based company in the unicorn club (companies with valuation of USD 1 billion and above). Photo Credit : The Tata group is acquiring 68 per cent stake in online grocery platform BigBasket for around Rs 9,500 crore as it bids to expand in the fast growing e-commerce space in India, according to sources. The salt-to-software conglomerate, which has been working to gain majority control in the Bengaluru-based startup for months, has finally signed the deal, according to people in the know of the development.

Tatas to acquire 68% stake in BigBasket for Rs 9,500 crore

More so in aftermath of COVID-19. In March 2019, BigBasket had raised USD 150 million from Mirae. New Delhi: The Tata group is acquiring 68 per cent stake in online grocery platform BigBasket for around Rs 9,500 crore as it bids to expand in the fast growing e-commerce space in India, according to sources. The salt-to-software conglomerate, which has been working to gain majority control in the Bengaluru-based startup for months, has finally signed the deal, according to people in the know of the development. The deal provides an exit route for a host of investors of BigBasket, including Chinese billionaire Jack Ma-controlled Alibaba.

© 2025 Vimarsana

vimarsana © 2020. All Rights Reserved.