Friday, 24 March, 2023

Tata Digital in talks with Tata Sons for more funds to facilitate digital expansion

<p>Tata Digital&rsquo;s initiatives were disrupted as talks with global firms for investment stagnated due to the recent geopolitical events. The digital division has now reportedly sought funds from the holding firm, Tata Sons in order to aid their digital initiatives. A $500 million &quot;interim investment&quot; is expected from the organization. A source has said that the amount will be invested in multiple tranches.</p>