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Tata Group acquires majority stake in BigBasket to cement play in groceries

Deal done through subsidiary Tata Digital Ltd; green signal from CCI came last month

Topics
Tata group | BigBasket | Online grocery

Samreen Ahmad  |  Bengaluru 



Bigbasket
According to a report by RedSeer and BigBasket, India’s e-grocery market is expected to grow from $1.9 billion in 2019 to $3 billion by the end of 2020

After Tata Sons announced the acquisition of on Friday, the e-grocery player’s co-founder and Chief Executive (CEO), Hari Menon, said it is going to be business as usual at the company.

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First Published: Fri, May 28 2021. 16:28 IST

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