Tata Group to acquire 20% stake in BigBasket to expand its digital footprint
BigBasket caters to 3 Lakh orders per day and may raise funding at a valuation of $2 Bn
Online grocery segment is said to clock $3 Bn in sales this year due to the COVID-19 and subsequent lockdown
Tata Group’s digital wing is working on a super app to take on Amazon and Reliance
US-based retail giant Walmart may invest nearly $20-$25 Bn in developing the app
