Tata Sons is planning to raise $2-2.5 billion for its e-commerce business, as it is about to launch its super app. Tata Sons Chairman N Chandrasekaran even met global investors during his visit to the US in May.

The combination might raise funds from private equity firms, and then look for strategic investors after scaling up the business, a report said. The report came two weeks after Tata Digital announced that it will invest up to $75 million in CureFit Healthcare. CureFit founder Mukesh Bansal has also been joined as the President of Tata Digital.
“The reason behind investing in Curefit was that Tata will get to bring on board Bansal as they push their fundraising efforts and make him the face to bring in technology investors,” a source told