Tata Digital magnifies e-commerce ambition; acquires Cliq from UniStore
Shortpedia
Content Team
Image Credit: Inc42
Tata Digital has consolidated all its ecommerce ventures by transferring ownership of Tata UniStore. UniStore operates the fashion and luxury ecommerce platform Tata Cliq, which will now be a part of Tata Digital. Under ‘Project Tulip’, the Tata Group had reportedly valued Tata UniStore at INR 750 Cr ($100 Mn), offering preference shares to Tata Industries and Trent (joint owners of Tata UniStore) to acquire the UniStore biz.
