Tatas get CCI nod for $1.2 billion Bigbasket buy Top Searches Tatas get CCI nod for $1.2 billion Bigbasket buy Digbijay Mishra & Reeba Zachariah / TNN / Updated: Apr 30, 2021, 05:40 IST FacebookTwitterLinkedinEMail BENGALURU/MUMBAI: The Competition Commission of India (CCI) cleared Tata Digital’s acquisition of a majority stake in Bigbasket without conditions. Tata Digital’s interest in Bigbasket first became public last October. The acquisition of a 64.3% stake in Bigbasket will make Tata Digital the leading player in e-grocery, setting the scene for a big battle with Amazon, Flipkart, JioMart and SoftBank-backed Grofers. Tata Digital is a 100% arm of Tata Sons, the promoter of the $106-billion airline to automotive conglomerate. It will acquire 64.3% in Bigbasket’s online business-to-business arm Supermarket Grocery Supplies (SGS), the CCI said. Later, SGS will acquire ‘sole control’ over Innovative Retail Concepts (IRC), which is engaged in business-to-consumer sales through the Bigbasket website. The CCI nod came late Wednesday night.