Tata Group looking for investors for its digital platform: Reports

It has been reported that the group plans to bring together digital assets across various Tata businesses to create the new entity

e4m by exchange4media Staff
Updated: Sep 29, 2020 4:16 PM
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Tata Group is reportedly talking to investors for its new digital platform.

According to media reports, Tata Sons Pvt., the holding company of the $113 billion conglomerate, is discussing with advisers the posibility of roping in financial or strategic investors, including global technology companies.

It has been reported that the group plans to bring together digital assets across various Tata businesses to create the new entity.

Tata's potential move comes at a time when retail giants like Amazon.com Inc. and billionaire Mukesh Ambani enter the e-commerce market.
The reports state that the dicussions about the investment are currently in a very early stage.

Tata Group already has an online presence with many of its brands selling products through internet, including Tanishq, Titan, and Star Bazaar.

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