Hyderabad: Bigbasket, a Tata company and an online supermarket, has further expanded its presence by launching a store in Khammam, Telangana. Being already present in all major cities across India, the Khammam store launch is a part of the company’s mission to provide groceries to consumers in all towns and villages. Customers can use the […]
Under the deal, Tata Digital Ltd (TDL) will purchase up to 64.3 per cent of the total share capital of Supermarket Grocery Supplies Pvt Ltd (SGS) as well as SGS sole control over Innovative Retail Concepts Pvt Ltd.
TechCrunch earlier reported, citing sources, that Tata Group is buying over 60 per cent stake in BigBasket "in a deal that values the grocery platform between $1.8 billion-$2 billion".
As the festive season peaks, the company expects enhanced demand in categories like snacks, juices and other carbonated beverages led by the sentiment of celebration