What’s cooking in India’s e-grocery market?
The Tata group, one of India’s oldest conglomerates, recently acquired a majority stake in BigBasket, one of the biggest players in the booming e-grocery space. But the competition is stiff.
The Tata group, one of India’s oldest conglomerates, recently acquired a majority stake in BigBasket, one of the biggest players in the booming e-grocery space. But the competition is stiff.
The digital acquisitions are all fine. But can N. Chandrasekaran manage the paradox of integrating them and yet not integrating them?
Tata Digital—which picked up a majority stake in BigBasket last month—named Mukesh Bansal, co-founder and CEO of the Bengaluru-based health and wellness startup, as its president.
Mukesh Bansal’s three-year-old startup is now valued at over $570 million.
Launched in 2016, the Bengaluru-based startup has raised about $164 million across three rounds of funding.
There’s a lot of scope for a platform which integrates fitness, food and health services under one umbrella, says Bansal, co-founder, Cure.fit
Myntra co-founder Mukesh Bansal has moved far from the world of fashion into the business of fitness, but that hasn’t stopped investors from following him.
The co-founder of the fashion e-commerce outfit is eyeing early 2016 to go public. Now on the agenda: breaking even.