The deal was carried out by Tata Digital, a wholly-owned unit of the Tata group’s holding entity Tata Sons Pvt. Separately, regulatory filings dated 27 May showed that Tata Digital had committed an investment of ₹1,591 crore ($219 million) in BigBasket, of which the e-grocer has received ₹1,116 crore (about $154 million). Supermarket Grocery Supplies Pvt. We are delighted to welcome BigBasket as a part of Tata Digital," said Pratik Pal, chief executive of Tata Digital. Last month, Tata Digital had committed to investing nearly ₹100 crore in e-pharmacy and health technology platform 1mg.

Source: Mint May 28, 2021 17:37 UTC