Tata Group is Considering Investing Another $1 Billion in its App
According to sources familiar with the topic, Tata Group is considering investing $1 billion in its mega app effort as the salt-to-software giant wants to boost its digital operations.
The investment is in addition to the $2 billion that Tata Group spent on the initiative earlier this year
If the purchase goes through, Tata Digital Pvt. would get more cash in the following year, according to the sources.