Tatas acquire majority stake in Bigbasket

Tata Digital Ltd has acquired a majority stake in online grocery platform BigBasket. Tata Digital is a 100 per cent subsidiary of Tata Sons. "Grocery is one of the largest components of an......

Amazon India ends referral fees on 12 million products

In its highest ever reduction in seller fees, ecommerce giant Amazon India has introduced zero referral charges on over 12 million products on its platform that are priced below Rs 300.......

What Bessemer plans to do with its $350 million India-only fund

Bessemer Venture Partners has closed $350 million in capital for its second dedicated India fund to back founders in the region, who build enduring companies. Photograph: Dado Ruvic/Reuters The......

Tatas plan to acquire over 60% stake in BigBasket

The Tata group has proposed to acquire more than 60 per cent stake in online grocery platform BigBasket, according to a filing, as the conglomerate seeks to expand in the fast-growing e-commerce......