Startup Founders Plot Tata’s Digital Push | In the News

The Tata Group, which recently boosted its consumer internet play with the acquisitions of BigBasket and 1mg, and a minority investment in Cultfit, is piecing together a blueprint for its digital foray and upcoming ‘super app’. Leading the charge are the startup founders it procured as part of these deals.

Quote: “The latest direction from the US administration adds to the growing backlog of digital transformation projects in the marketplace. This bodes well for the Indian IT industry and will further accelerate an already hot market for them,” said Peter Bendor-Samuel, chief executive officer of Everest Group, a US-based IT advisory and research firm.

Read more in Economic Times

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