Big on ecommerce, Tatas pour money into digital businesses

Big on ecommerce, Tatas pour money into digital businesses

• By Staff Writer

Tata Digital has received Rs 5,025 crore till now this fiscal.

This company has now become the flagship eCommerce entity of the group with plans to roll out the SuperApp and has been taking controlling stakes such as in e-grocer BigBasket and digital health company 1 mg.

Tata has accumulated more than Rs 5,100 crore in the capital in two eCommerce group entities so far in the current financial year – the highest fund infusion by a salt-to-software group in the digital commerce business in a single year. Tata Digital has earned Rs 5,025 crore so far this financial year. The company has now become the group’s leading eCommerce organization with plans to launch the Supraup.