WebMay 29, 2024 · Tata Digital acquires ownership in BigBasket. Tata Digital Ltd, a 100% subsidiary of Tata Sons has acquired a majority stake in online grocery seller BigBasket. Commenting on the development, Hari Menon, Big Basket CEO & Co-Founder, said it is going to be business as usual at the company. “Everything is going to be the same and all the ... WebDec 21, 2024 · The Tata Group is actively reshaping its portfolio and has done over 20 deals in the last two years, including multiple acquisitions (BigBasket, 1mg) to build its super app. 6. India as a renewables hot spot. Energy players—both domestic and international—are making big bets on renewable energy in India through M&A.
Impact of Mergers and Acquisitions on the Financials of TATA …
WebBig Basket was founded by Mr. Hari Menon in the year 2011 and had attracted major investments from world-renowned investors like Jack Ma, K Ganesh, and many more. But the major breakthrough for the firm came when Tata Digital (an arm of Tata Sons) decided to acquire 64.5% of its share for a valuation of over $2 billion. WebFeb 17, 2024 · Also, its monthly gross sales, after discount, reached $90-100 million in 2024. These indicate that it is the largest vertical e-grocery player, which would catapult Tatas to … getting rid of possums in yard
Tata Sons Acquires Majority Stake In Online Grocery Seller …
WebMay 28, 2024 · The Tata Group is building a digital consumer ecosystem addressing consumer needs across categories in a unified manner and online food & grocery is an … WebI am an Ecommerce, Product and Marketing Leader with 18 years of experience having worked in both startup and established setups, leading transformation projects and diverse roles for technology brands like Samsung, Microsoft, Nokia. My professional journey encompass extensive diverse experiences in Product and Porfolio Management (SaaS), … WebMay 28, 2024 · Pratik Pal, CEO of Tata Digital said: "Grocery is one of the largest components of an individual's consumption basket in India, and Bigbasket as India's … christopher heydon