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Tata Group planning to inject $2 billion into its super-app Tata Neu

Tata Neu allows users to buy groceries and gadgets as well as reserve airplane tickets and restaurants from brands under Tata

Tata Neu super App, superapp, TataNeu
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Tata Neu, India’s first super app, went live in April 2022

Bloomberg
By P R Sanjai and Baiju Kalesh

Tata Group is considering injecting another $2 billion of fresh capital into its super app venture as the salt-to-software conglomerate seeks to bolster its digital business, according to people familiar with the matter.

Tata Digital will receive the additional funding over two years should a deal proceed, the people said. The fresh capital could help online platform Tata Neu, which went live last April, to strengthen its digital offerings, fix technical glitches and meet any new spending needs, one of the people said.

Tata Group has asked Tata Digital to look for ways to boost

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First Published: Mar 23 2023 | 3:49 PM IST

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