Thursday, December 26, 2024

Tata Sons may infuse fresh funds into ecomm arm only by mid-2025

Tata Sons plans to infuse capital into its ecommerce business, Tata Digital, only by mid-2025, with a focus on internal funding and debt until then. The strategy emphasizes growth, better execution, and sustainable profitability, with BigBasket eyeing an IPO and significant growth in standalone revenues for FY24.

from Tech-Economic Times https://ift.tt/RlVQ1MD

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