“Tata group has a significant presence in the Indian retail market across the categories, and given an online presence is now necessitated, the potential deal will ensure faster entry into the eGrocery segment. For Bigbasket, the deal helps in getting the needed funds and support for the next wave of growth,” said Rohan Agarwal, Director, RedSeer.
E-grocery market led by BigBasket, Grofers, others up nearly 2X in 2020 to $3.3B due to Covid tailwinds
