Tata Digital to Offer Finserv through its 'super app'


 Tata Digital to Offer Finserv through its 'super app'

Tata Digital is all set to offer financial services such as credit, mutual funds and insurance by partnering with licenced financial institutions. Thus, the brand is likely to add Tata Super app powered by neobank is expected to emulate its competitors Flipkart and Amazon in assorting a diverse set of financial services.

The Tata group has been consistently contributed to nation edifice by developing enterprises that has laid the foundation of India’s growth.

Strengthening its e-commerce offerings by acquiring BigBasket and 1mg, Tata Digital is now eyeing financial services to offer services such as credit, insurance, and mutual funds on its upcoming super app by way of a neobank.

Tata Digital is likely to offer financial services including credit, insurance, and mutual funds on its soon to be launched ‘super app’. This would be through collaboration with licensed financial institutions, sources said, as the digital arm of India’s largest conglomerate gears up to take on established players like Amazon and Flipkart.

Tata Digital has set up a neobank vertical and is taking initiative to rope in industry veterans to set up this.