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Tata Digital

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Grapevine: Vodafone Idea explores equity raise; Cult.fit raises fresh capital

General

27 February, 2024

Grapevine: Vodafone Idea explores equity raise; Cult.fit raises fresh capital

Vodafone Idea is considering an equity raise from new investors, potentially diluting stakes of existing shareholders such as Vodafone Group ......

Premium
Grapevine: Tata Sons looks to sell stake in super app arm; Binny Bansal floats new venture

General

03 January, 2024

Grapevine: Tata Sons looks to sell stake in super app arm; Binny Bansal floats new venture

Tata Sons has kickstarted the process to sell a minority stake in Tata Digital Pvt. Ltd, which operates the group’s ......

Tata Digital's loss widens 5.7x over Rs 3,000 cr

Finance

09 January, 2023

Tata Digital's loss widens 5.7x over Rs 3,000 cr

Tata Digital widened its losses by 5.7x in FY22 on the back of rising expenses, in the first year of ......

Cult.fit's FY22 loss marginally higher; topline rises 34%

Finance

11 November, 2022

Cult.fit's FY22 loss marginally higher; topline rises 34%

Tata Digital-backed Cult.fit’s reported a loss of Rs 681 crore for FY22, compared to Rs 671 crore in the previous ......

Tata Digital-owned 1mg raises $40 million in fresh round at unicorn valuation

Finance

06 September, 2022

Tata Digital-owned 1mg raises $40 million in fresh round at unicorn valuation

Tata 1mg Technologies Pvt. Ltd, which runs online pharmacy 1mg, has raised $40 million in a funding round led by ......

Flipkart joins race to deliver medicines in India

TMT

06 April, 2022

Flipkart joins race to deliver medicines in India

Walmart Inc-owned Flipkart Group has joined the race to deliver medicines in India, joining the likes of some of the ......

BigBasket acquires Kerala startup Agrima Infotech

Consumer

19 February, 2022

BigBasket acquires Kerala startup Agrima Infotech

Tata-group owned online grocery seller BigBasket has acquired the enterprise business unit of a deep-tech company Agrima Infotech incubated by ......

Zomato's investment turns Curefit to unicorn valued at $1.5 bn

Consumer

10 November, 2021

Zomato's investment turns Curefit to unicorn valued at $1.5 bn

Food delivery and restaurant aggregation platform Zomato Ltd has acquired a 6.4% stake in Curefit Healthcare Ltd via twin deals, ......

Premium
Insight Partners eyes investment in Medikabazaar, may open exit door for HealthQuad

TMT

11 August, 2021

Insight Partners eyes investment in Medikabazaar, may open exit door for HealthQuad

Global venture capital and private equity firm Insight Partners is in discussions to invest Series C money in Medikabazaar, a ......

Premium
Tata Digital in talks with Warburg, KKR, pension funds for $1 bn-plus fundraise

TMT

02 August, 2021

Tata Digital in talks with Warburg, KKR, pension funds for $1 bn-plus fundraise

Tata Digital, a subsidiary of Tata Group holding entity Tata Sons, has initiated talks with private equity (PE) firms Warburg ......