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Tata Digital, the subsidiary of Tata Sons, said on Thursday it is acquiring a majority stake in digital health startup 1mg, the latest in a series of investments as the salt-to-steel Indian conglomerate enters the digital consumer space. The firms didn't share the financial details of the deal, but earlier local media reports suggest that Tata Digital was planning to invest between $100 million to $110 million in the six-year-old Indian startup for 65% stake. A spokesperson for Tata Digital declined to comment.

Tata Digital acquires majority stake in 1MG June 10, 2021 This is the third major acquisition by Tata Digital after bigbasket and CureFit Tata Digital on Thursday said it will acquire a majority stake in digital health company 1MG Technologies. This is the third major acquisition by Tata Digital after bigbasket and CureFit. Incorporated in 2015, 1MG is a leading player in the eHealth space and enables easy and affordable access to a wide range of products like medicines, health and wellness products, diagnostics services and tele-consultation to customers. The company operates 3 state-of-the...

Little Black Book, The move is consistent with MullenLowe Group’s strategy to empower local partners, who are incentivised to deliver market, team and individual skill sets based on market experience

BENGALURU (Reuters) -Tata Sons has acquired a majority stake in online grocery seller BigBasket, putting the Indian conglomerate in a direct race with e-commerce players Amazon.com Inc, Walmart's Flipkart and Reliance Industries. The stake was bought by Tata Digital Limited, a unit of Tata Sons. Tata on Friday declined to give further details on the deal, while BigBasket did not immediately respond to a Reuters request for comment.

KKR Buys Majority Stake in Environmental Resources Management from OMERS and AIMCo Posted on 05/17/2021 OMERS Private Equity and Alberta Investment Management Corporation, on behalf of certain of its clients (AIMCo), signed an agreement to sell their majority 60% stake in Environmental Resources Management (ERM) to KKR. As part of the deal, ERM’s management team and partners will retain a minority stake in the business. U.K.-headquartered ERM is the world’s largest pure-play sustainability consultancy, operating in over 40 countries with over 5,500 partners and employees globally. Since i...