Tata Group considers topping up another $1 billion for super-app arm

The Tata Group is considering injecting $1 billion of fresh capital into its super app venture to enhance its digital business. This funding will be in addition to the $2 billion already invested earlier this year. Tata Digital Pvt. is expected to receive the additional funding next year. The conglomerate has urged its digital unit to improve the app's operations and user-friendliness. Tata Group has also suggested exploring funding from global sovereign and financial investors. https://ift.tt/Zw9DiN7