Adani Group acquires 10% stake in CSC SPV’s Grameen eStore

Indian conglomerate Adani Group has acquired a 10 per cent stake in government promoted CSC SPV’s e-commerce subsidiary CSC Grameen eStore.

CSC SPV Managing Director Dinesh Tyagi said the association with Adani Group will help meet the financial requirements of village-level entrepreneurs (VLE), who manage e-stores that provide groceries, consumer durables, automobiles etc in rural areas and small towns.

When contacted, Adani Capital MD and CEO Gaurav Gupta said the government through the CSC network has played a pivotal role in making available products and services to every Indian, even in the remotest areas.