Tata Group
Bigbasket Targets 2025 IPO After Turning Profitable
Brands News

BigBasket Tests Large Format Offline Retail Model In Hyderabad

BigBasket, a Tata group-owned grocery unicorn, has started testing its large format supermarket mode in Hyderabad. Earlier the company began testing its offline retail model with tech-driven, self-serviced fruits and vegetables outlets in Bangalore last year. On Wednesday, the digital first startup opened its first full-fledged supermart in the country in Hyderabad’s IT corridor, with […]

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Tata Consumer Acquires 23.3 % In South Africa Based Joekels Tea Packers

Tata Consumer Products Ltd (TCPL) announced on Thursday that it has acquired 23.3 per cent more shares in South Africa-based Joekels Tea Packers through a step-down subsidiary for Rs 43.65 crore. Tata Consumer Products Overseas Holdings Ltd (TCP Overseas), a step-down wholly-owned subsidiary of Tata Consumer Products UK Group, “has decided to purchase 23.3 per […]

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BigBasket Mulls IPO Foray In 2025

After raising USD 200 million, the Tata Group-owned online grocer BigBasket is looking to make an IPO foray by 2025. BigBasket is presently valued at USD 3.2 billion. According to media reports, the e-commerce major will launch an initial public offering over the next 24 to 36 months. However, the group is looking to raise […]

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