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Tata to finally enter online grocery with CCI nod to BigBasket stake deal

With this, Tata Digital will buy 64.3% stake in Supermarket Grocery Supplies and also be sole control over Innovative Retail Concepts, which runs BigBasket's online retail biz

Tata group | BigBasket | CCI

BS Reporter  |  Mumbai 

Tata Group
The CCI has allowed Tata Digital, a wholly owned subsidiary of Tata Sons, to acquire up to 64.3 per cent of the total share capital of Supermarket Grocery Supplies Private Ltd (SGS)

The is finally on its way to making an entry into the Indian segment. The Competition Commission of India (CCI) today permitted Tata Digital to acquire a majority stake in player .



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First Published: Thu, April 29 2021. 16:15 IST