How Online Platforms changed the Business?
Mukesh Ambani's reliance Industries has been buying up start-ups in a variety of industries. In september 2021-22, reliance will acquire Milkbasket, an online retailer, Just Dial, India's search engine, Portico, a home décor firm, and rithika Kumar, a fashion boutique founded by fashion designer rithika Kumar. This is a huge purchase. Apart from these, reliance is growing its empire in a variety of areas, including canadian purchase NetMet, furniture manufacturer UrbanLader, franchise management of the US corporation 7-Eleven, and a daily investment of $ 200 million in Danso.
The Tata Team has launched a super microprocessor known as 'Tata Neu,' which is currently being tested by its employees. Last year, the corporation paid $ 1.3 billion for a 64 percent share in online grocery retailer Bigbasket. Cure-Fit, a health-related start-up, has received a $ 75 million investment from Tata Motors. Tata's superprocessor will be used in utility utilities for groceries, health goods & services, e-medicinee, e-learnning, financial services, and fashion-related essential items.
Superprocessor does not necessarily imply that a company is formed to integrate its many services; it can alternatively refer to a joint venture formed by several companies. Pohnpei, a wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW">digital payment service provider, combines its processor with Ola, Redbuss, Swigy, Groofers, Ajio, Booking.com, Decathhlon, delhi Metro, or their websites' processor.