.
MergerLinks Header Logo

New Deal


Announced

Completed

Tata Group completed the acquisition of a 64.3% stake in BigBasket from Alibaba Group for$1.3bn.

Synopsis

Tata Group-backed Tata Digital completed the acquisition of a 64.3% stake in Supermarket Grocery Supplies, India's largest online grocer doing business under BigBasket name, from Alibaba Group for $1.3bn. “We are extremely excited about our future as a part of Tata Group. As a part of the Tata Ecosystem, we would be able to build stronger consumer connect and accelerate our journey," Hari Menon, BigBasket CEO.

Show Details & Financials

Market Context

Sort

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US