Sajith Sivanandan appointment comes at a time when Tata Digital is attempting to steady its leadership ranks and sharpen its strategy after a series of high-level exits.
Former CEO Naveen Tahiliyani, who joined from Tata AIA in March 2024, departed abruptly in July after less than a year amid tensions over strategic direction and platform performance.
Consumer platforms delivered mixed performance in FY25, with 1mg posting strong profits, BigBasket under pressure, and NeuPass loyalty growth signalling deeper cross-brand engagement
BigBasket is evolving into Tata Digital’s last-mile engine, enabling everything from pharmacy and fashion to electronics and food delivery via quick commerce.
Tata Sons will leverage its dividend income from TCS for the investment in Tata Digital and is unlikely to dilute any stake in TCS, sources said.
Tata Digital's former CEO Naveen Tahilyani left the company last month, just one year after he took the post.
As Tata Digital moves into a smaller office space, it has given its Mumbai-based techies the option to relocate and move to the Bengaluru office, closer to CTO Vinay Vaidya, sources said.
During his tenure, Tahilyani made several appointments at the top deck by roping in former Swiggy, Zomato and Amazon executives.
The salt-to-software group believes Tata Sons has invested enough capital into Tata Digital’s various units and 'its time to show results'
he documents showed that the total area of the lease is 1.02 lakh square foot and Tata Digital has paid a security deposit of Rs 15.02 crore for the transaction. The deal was registered on May 16, 2024 and the company has paid a stamp duty of Rs 29 lakh for the transaction. The per-square-foot monthly rent for the deal at Fort House in Mumbai is Rs 292.
Apart from Flipkart, Amazon, Tata Neu is new and young so it will hopefully scale, Menon said.
In his first ‘Neu Huddle’ with employees across three cities, Tata Digital CEO Naveen Tahilyani congratulated the team about their achievements in FY24 such as improving the Tata Neu app’s user ratings and driving the growth of its loyalty programme.
The idea behind the entry into food ordering is to develop a ‘high-frequency use case’ to bring consumers back to the Tata Neu app regularly
Tapping an insurance veteran to lead a company that operates in a fierce internet battleground may seem unconventional, but those familiar with Tahilyani see it as an inspired choice.
Naveen Tahilyani, who is currently the CEO and Managing Director of Tata AIA Life Insurance Company, will be the new chief executive and will replace Pal on February 19.
The Tata Group’s super app sees food ordering as a high-frequency use case that will bring consumers back to the platform regularly.
While Pavan Podila has spent over two-and-a-half years at Tata Digital, Samir Aksekar has spent close to three years at the company.
Tata has been ramping up its e-commerce play and has so far invested Rs 18,942 crore into Tata Digital alone, as per Tata Sons’ annual report released on August 9