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TATA BIGBASKET DEAL
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...
Dunzo-Tata talks stuck on deal termsDunzo is in active discussions with Tata Group-owned BigBasket to power the e-grocer's express delivery service
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
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...
BigBasket clocks 36% revenue growth in FY20BigBasket’s expenses rose from Rs 3,365 crore in FY19 to Rs 4,411 crore in FY20.
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