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Announced

Completed

Tata Digital completed the investment in BigBasket.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For64%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Single Bidder

India

Acquisition

Friendly

Majority

Domestic

online grocery store

E-commerce

Completed

Private

Synopsis

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Tata Digital, an IT service management company, completed the investment in BigBasket, an online grocery store in India. Financial terms were not disclosed. “Grocery is one of the largest components of an individual’s consumption basket in India, and BigBasket, as India’s largest e-grocery player, fits perfectly with our vision of creating a large consumer digital ecosystem,” Pratik Pal, Tata Digital CEO.

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