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TATA BIGBASKET DEAL
Zepto planning to file papers for $1 billion IPO in June: ReportZepto is preparing for a potential $1 billion IPO, with a public filing expected in June and launch targeted for July. The quick-commerce f...- Tata Digital CEO on company's reset; Groww doubles net profit in Q4Happy Tuesday! Tata Digital CEO Sajith Sivanandan spoke to us exclusively about the ongoing restructuring at the company under him. This an...
- Jio preps May IPO; Wipro slips after resultsJio Platforms is edging towards a long-awaited IPO as markets wobble amid Iran tensions. This and more in today's ETtech Top 5.
- BigBasket, 1mg founders plan transition; QED's Morris flags credit tighteningHappy Friday! BigBasket and 1mg founders are preparing to step back from day-to-day roles. This and more in today's ETtech Morning Dispatch.
- BigBasket turnover declines in FY25 amid rising quick commerce competitionBigBasket, the Tata Digital-backed e-grocery platform, experienced a decline in annual turnover. This was due to stiff competition from qui...
- BigBasket looks to raise $200 million at up to $3.5 billion valuation“The company continues to grow 40% annually as projected earlier internally. This financial year ending March 2023, the company is expected...
- After Tata acquisition, BigBasket wants to go big on express deliveriesAccording to cofounders Hari Menon and Vipul Parekh, fresh initiatives and changes under the new owner would play out over the next few mon...
- Tata Digital buys 64% stake in BigBasketChina's Alibaba Group and Actis LLP have now exited the Bengaluru-based company
- ETtech Deals Digest: One new unicorn, One big dealBanking tech firm Zeta became the 14th Indian unicorn so far this year after raising $260 million from SoftBank and others. Tata Sons has m...
- BigBasket gets first tranche of Tata cash at $2 billion valuationAdditionally, the Tata-Bigbasket deal has received the approval of the board of directors of the online grocery, whose largest shareholders...
- Competition Commission approves BigBasket's 64% stake sale to Tata DigitalThe transaction, which marks one of the largest acquisition deals in India’s digital sector, will put the Tata group in direct competition ...
- Tata Digital seeks CCI approval to acquire BigBasketThe Tata-BigBasket deal, if appproved by CCI, would put the conglomerate in direct competition with Amazon, Walmart's Flipkart and Reliance...
- Tata seeks CCI nod to buy majority stake in BigBasketIn the filing with the Competition Commission of India, Tata Digital Ltd, a wholly owned unit of Tata Sons, proposed to buy 64.3% of an ent...
- Tata Super App delayed again as Tata-BigBasket deal awaits CCI nodThe $1.2-billion Tata-BigBasket deal was formally signed in early February, giving the conglomerate 60-63% stake in the online grocer, whic...
- BigBasket says no comment on Tata Group's acquisition bidBigBasket on Wednesday refused to comment on reports that Tata Group is acquiring a majority stake in the grocery delivery platform.
- Tata Group inks $1.2 billion deal to buy majority stake in BigBasketThe Tata-BigBasket deal will see a $200-250 million primary cash infusion in India's largest online grocery. Tata plans to take BigBasket p...
- Tata closes in on BigBasket, 1mg to power super app planThe cash infusion is part of a $1.2 billion Tata-BigBasket deal, which will see the conglomerate acquire 60% stake in the online grocery fi...
- Tata Group is reportedly nearing a deal to buy BigBasket in a grocery coupMumbai-based Tata Group, with a combined revenue of about $113 billion and marquee brands such as Jaguar Land Rover and tea maker Tetley, i...
- All eyes on grocery etail as Ambani stares at a rival that can match him rupee for rupeeWith Tatas set to add to the crowd of deep-pocketed players already vying for the vast Indian market, the ground looks set for a no-holds-b...
- BigBasket in talks to sell majority stake to Tata GroupThe deal could see e-grocer divest around 50% stake for about $1 billion, Alibaba likely to exit
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