Even households that traditionally subscribed to neighbourhood shops or kiranas for month-to-month grocery purchases and top-ups have embraced the digital mode. Tata Digital on Friday introduced the acquisition of a majority stake in BigBasket. Although the corporate didn’t disclose particulars of the transaction, filings with the Competitors Fee of India earlier confirmed that Tata Digital
BigBasket
With BigBasket, Tata Group has expanded its control over the retail space. Competition Commission of India (CCI) today gave the go-ahead for Tata Group’s proposal to acquire a majority stake in Alibaba-backed online grocery store BigBasket. Tata Digital, a wholly-owned subsidiary of Tata Sons, will now acquire a 64.3% stake in the company, paving the