Tag "Tata Group"

Tata Digital strengthens Super App focus with acquisition of majority stake in 1mg

By : Laxitha Mundhra

Tata Digital has announced the acquisition of a majority stake in 1mg, an online healthcare marketplace. The company, however, has not disclosed the financial details of the transaction. This comes days after the company announced its plans to invest $75 million in

With PharmEasy acquiring MedLife, the e-pharmacy sector to see a paradigm shift

By : Laxitha Mundhra

The acquisition of Medlife by IPO-bound PharmEasy will make the latter, the largest player in the domestic online pharmacy sector. The combined entity will have over 2 million customers per month. The acquisition and the covid-19 induced lockdown have ignited

Presenting the Big 4 of Indian Retail

By : Sunil Rajguru

There are two things to note in Indian retail. One is that the mom and pop stores will survive. That much is clear. But there is not much space in the middle. Consolidation is happening in a big way at

Tata Group to buy 68% stake in BigBasket for over $1 billion: Report

By : CIOL Bureau

Tata group will buy a 68% stake in Alibaba-backed online grocery startup Bigbasket. The transaction will complete for about Rs 9,500 crore ($1.31 billion). The will translate into an enterprise value of Rs 13,500 crore for Bigbasket. Apparently, ET has