Tata Digital has asked for additional funds from Tata Sons to help in the growth plans of its digital retail initiative as negotiations with global firms are delayed because of geopolitical issues. The group is expected to make an interim investment of around $500 million as Tata Digital requires to expand to take on companies like Amazon, Walmart, Reliance Group’s Jio platforms, etc.

Tatas have been in talks with global investors to fund its digital push. However, investors seem to be doubtful to commit funds until some clarity on the official launch of the Super App called Tata Neuto. The App is currently being tested for detailed feedback. Tata Digital has estimated a valuation of $18 billion for the digital entity, including Big Basket, 1 mg, Croma and Tata CLiQ.