Tata Industries to hive some startup businesses off to Tata Digital

Tata Industries is set to hive some of its significant startup businesses such as Tata Cliq, Tata Cliq Luxury, Tata CLIQ Palette and Tata Health off to Tata Digital in the next two weeks as part of a move to consolidate scalable ecommerce entities under one roof, said people aware of the matter.

The development comes amid a larger group consolidation strategy led by its principal investment holding company, Tata Sons, which has been merging similar businesses housed in various Tata group companies to tap synergies, cut costs and focus on building scale and competitive edge.

Tata Industries did not comment on the matter.