India’s retail battle is now underway, and at stake is the nation’s retail industry valued at $883 billion in 2020 and estimated to grow to $1.24 trillion by 2024 and $1.75 trillion by 2026.

Following Amazon and Reliance, Tata Group, in recent weeks, has been on an acquisition spree. Earlier this week, it was announced that Tata Digital would buy a majority state in the digital health company 1MG. Interestingly, this investment follows Reliance Retail’s acquisition of Netmeds in August 2020 and Amazon’s launch of its digital pharmacy in Karnataka.

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