Tata Group reaches agreement to buy majority stake in BigBasket

Indian conglomerate Tata Group has reached an agreement to acquire a majority stake in grocery delivery startup BigBasket, a source familiar with the matter told TechCrunch. The salt-to-software giant is buying over 60% stake in BigBasket, which would value the Indian startup between $1.8 billion to $2 billion, the source said, requesting anonymity as the deal […]

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