Tata Group may rope in Microsoft as anchor investor for its digital arm
Image Credit: economic times
It was previously reported that Tata Digital planned to raise $5 Bn in an institutional equity round from Canada Pension Plan Investment Board (CPPIB), Singapore’s Temasek Holdings, SoftBank Group, and Abu Dhabi Investment Authority. Now, according to reports, Tata Group is also in talks with Microsoft Corp to back its digital arm as an anchor investor.