Adani Group has decided to launch a ''super app'' to rival companies like PhonePe, Paytm, GooglePay, Tata, and Reliance. Adani Group chairman Gautam Adani said ''It took less than 30 minutes for me to decide that we must become a player in this space'' as he saw the mockup of the app in July 2021. However, the launch date is yet to be announced by the group.
Courtesy: Zee News
Tata Digital Ltd, a unit of Tata Sons, has acquired a majority stake worth Rs 9,500 crore in online grocery store BigBasket. Although the company refused to give further details, it reportedly had picked up 64.3% stake in the deal after securing an approval by the Competition Commission of India. As per sources, Tata is also planning on launching a "super app" to tie the conglomerates together.
Courtesy: The Economic Times