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What is Tata about?

The Tata Group is acquiring a majority stake in BigBasket to bolster its e-commerce ambitions. While Tata is a 153-year old conglomerate and BigBasket is only 9-years old, they share similar risk-averse cultures. BigBasket needs new funding to replace its largest investor Alibaba, while Tata needs an anchor for its planned super app. However, BigBasket

Author

Xama Varia

Language

EN