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The ‘duopolies of the decade’?

Ratan Tata’s and Mukesh Ambani’s residences in South Mumbai are just some kilometres aside. Their digital ambitions, too, are more and more (seemingly) drawing nearer. 

As faces of India’s largest enterprise conglomerates — each valued at over $100 billion — they’re gearing up for an thrilling face-off that would outline India of the 2020s.

Tata Digital, a fully-owned subsidiary of Tata Sons, and Reliance Industries’ digital ambitions may find yourself creating one of the biggest “duopolies of the decade,” say analysts.

Over the years, the haloed Tata Group has earned a number of monikers in company circles: steel-to-salt conglomerate, cars-to-chemicals behemoth, and so forth. It has earned its reputation in primarily offline industries. 

But recently, the 153-year-old behemoth’s digital appetite has made India Inc sit up and take note

In three weeks, Tata Digital has inked three main offers — the $1.2 billion acquisition of India’s largest e-grocer Bigbasket; a $75 million investment in health and fitness startup Curefit; and the acquisition of leading online pharmacy 1mg.

In one fell swoop, Tata Digital has gained a major presence in India’s web economic system, going past its personal life-style commerce providing, TataCliq.

To assist Tata Digital realise its imaginative and prescient of constructing a ‘next-generation shopper’ platform that takes on the likes of Reliance, Amazon, and Flipkart, the firm has appointed Mukesh Bansal, Co-founder of Curefit, as President. 

It is believed that Bansal has now been tasked with shaping Tata Digital’s imaginative and prescient of constructing an excellent app, which Tata Sons Chairman N Chandrasekharan had first revealed to the media in 2019. Read more.

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Read all about how the Indian startup ecosystem is battling the second wave of COVID-19 here.

Here are some useful tools that will help you discover the nearest vaccine centres in real-time.

You can also share a tribute to COVID-19 warriors, saviours, and survivors here.

The Interview

Amid the second COVID-19 wave, on the spot messaging platform Hike launched varied initiatives for its staff to assist cope with the pandemic. 

In this episode of #HumanBeyondResources, Kavin Bharti Mittal, Founder and CEO, Hike, talked extra about these initiatives. He additionally spoke about empathetic management, balancing development with worker well-being, and the firm’s ‘remote-first’ strategy, amongst a number of different issues.

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Editor’s Pick: App Friday

After Clubhouse turned a runaway hit, social audio apps are in vogue. The a16z-backed invite-only app has spurred an all-new class of voice-based social media apps which have caught customers’ fancy. 

In India, amongst many different opponents is Bengaluru-based Chingari’s Fireside — an audio-based social networking app launched in early May, tailor-made to swimsuit native wants. Read more

Fireside app

Startup Spotlight

Aggregating cold-chain logistics, warehousing on a single platform

Founded in 2020 by Swarup Bose, Rajneesh Raman, and Arbind Jain, Navi Mumbai-based cold-chain market startup Celcius affords an aggregator platform that connects purchasers with cold-chain transportation and warehousing service suppliers. 

The startup has been working in vaccine distribution throughout India. Besides, its goal sectors embrace dairy, pharma, contemporary meals, and seafood. Read more.

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Illustration: YS Design

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Illustration: YS Design

News & Updates

Before you go, keep impressed— with… 

Mukesh Bansal on the ideology behind building CureFit

“Tata Digital has a extremely inspiring imaginative and prescient to create next-generation shopper platform, and I’m very excited to be half of the Tata Digital group that’s shaping this imaginative and prescient.” 

Mukesh Bansal, Co-founder, Curefit, and President – Tata Digital

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