Tata Sons To Plough $2bn Into Super App TataNeu: Mint

Tata Sons plans to plough $2 billion into its ambitious super app, TataNeu, Mint reported quoting unidentified people on Monday.

The Indian conglomerate also plans to raise an additional $5 billion by offloading minority stakes in the digital venture, the report said.

The super app which is being designed “as a single-point digital doorway to the Tata group’s various offerings, is still in the testing stage and may be rolled out next year,” the Mint report added.

Read the full story: Mint

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Jim Pollard

Jim Pollard is an Australian journalist based in Thailand since 1999. He worked for News Ltd papers in Sydney, Perth, London and Melbourne before travelling through SE Asia in the late 90s. He was a senior editor at The Nation for 17+ years and has a family in Bangkok.