Tata Digital acquires majority stake in BigBasket
The Hindu
Tata Digital Ltd, a 100% subsidiary of Tata Sons has acquired a majority stake in Supermarket Grocery Supplies Private Ltd (BigBasket) – India’s largest e-commerce player in the Food & Grocery
Tata Digital Ltd, a 100% subsidiary of Tata Sons has acquired a majority stake in Supermarket Grocery Supplies Private Ltd (BigBasket) – India’s largest e-commerce player in the Food & Grocery segment for an unspecified amount, the company said in a statement. BigBasket was founded in 2011 in Bengaluru and has expanded its presence to over 25 cities across India since then.
The latest Household Consumption Expenditure Survey (HCES) by MoS&PI reveals a transformative shift in India’s economic landscape. For the first time in over a decade, granular data on Monthly Per Capita Expenditure (MPCE) highlights a significant decline in the proportional share of food spending—a classic validation of Engel’s Law as real incomes rise. Between 1999 and 2024, both rural and urban consumption pivoted away from staple-heavy diets toward protein-rich foods, health, education, and conveyance. As Indian households move beyond subsistence, these shifting Indian household spending patterns offer vital insights for social sector policy, poverty estimation, and the lived realities of an expanding middle-income population.












