Announced
Completed
Financials
Sources
Tags
Single Bidder
India
Acquisition
Friendly
Majority
Domestic
online grocery store
E-commerce
Completed
Private
Synopsis
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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