The company, which acquired BigBasket and 1mg last year, has approached investors for a large external round as it prepares to roll out the TataNeu super-app after delays. Will its pitch of tripling GMV bring in new backers?
After the mega acquisition of Air India last month, another high-profile endeavour is underway in Tata Group, one of the country’s largest conglomerates. Its new internet-focused unit, Tata Digital, is looking to raise funds with expectations of notching a $20-billion valuation. The unit has formally approached investors with a memorandum of inter
Read more at: https://the-captable.com/2022/02/tata-digital-courts-investors-with-10-bn-sales-target-fundraise/
