BigBasket founders get management stock grants, Bansal joins e-grocer’s board

Mumbai-based salt-to-software conglomerate Tata group, which is racing to launch a Super App amid a policy flux related to ecommerce entities, is rewarding BigBasket founders and has firmed up its post-acquisition plans for 1mg.

This comes just months after the group spent more than $1.5 billion to acquire majority stakes in the e-grocer and e-pharmacy, besides taking a minority stake in Mukesh Bansal’s Cultfit, which was earlier known as Curefit.