Tata Group looks for a majority stake in e-commerce platform BigBasket and e-pharma platform 1mg
Tata will reportedly acquire BigBasket For $950 Mn and 1mg for $250 Mn
Tata is expected to buy out Alibaba’s 30% stake in BigBasket
This is one of the key investment areas of Alibaba apart from Paytm and Snapdeal
BigBasket, launched in 2011, entered unicorn club last May
Tata Group to compete with Amazon and Reliance in the e-commerce ecosystem
Tata will reportedly acquire BigBasket For $950 Mn and 1mg for $250 Mn
Tata is expected to buy out Alibaba’s 30% stake in BigBasket
This is one of the key investment areas of Alibaba apart from Paytm and Snapdeal
BigBasket, launched in 2011, entered unicorn club last May
Tata Group to compete with Amazon and Reliance in the e-commerce ecosystem
