Tata group to raise $1.3 billion for BigBasket and 1mg: Report
Monday, 7 April 2025 ()
The Tata group aims to raise $1.3 billion for digital ventures BigBasket and Tata 1mg, with $1 billion allocated to BigBasket and $300 million to Tata 1mg. This move is intended to boost their competitiveness in quick commerce and online healthcare. Despite significant investments, the group seeks profitability and growth across its digital platforms.
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