+
Tata Group to launch new TataNeu mega app on April 7
Technology

Tata Group to launch new TataNeu mega app on April 7

Tata Group, an Indian conglomerate, announced that its long-awaited mega app, TataNeu, would be released to the public on April 7.

TataNeu is the salt-to-software giant's attempt to compete with rivals like Amazon and Mukesh Ambani, local billionaire's Jio Platforms, which have scaled to new heights in the last decade while Tata concentrated on legacy businesses.

The app brings together several Tata Group businesses, such as online grocer BigBasket and e-pharmacy platform 1Mg, acquired recently. Users will be able to send money, pay broadband, energy, water, and satellite TV bills, and get loans using TataNeu.

Customers would be enticed sufficiently by Tata's one-stop-shop offering and perks to make the risky transfer. Tata plans to reimburse them with NeuCoins, equivalent to one Indian rupee.

According to TechCrunch, the company testing TataNeu with tens of thousands of its employees for several quarters plans to phase out various group unit loyalty products from BigBasket, 1mg, and other businesses and replace them with NeuCoins.

Tata Group is focusing on incentives as part of its effort to create a connective layer for its services, spanning a wide variety of sectors.

If successful, the 155-year-old giant would be in a position to develop the country's largest loyalty programme.

To fund its new digital ambitions, the company has engaged with many investors, including SoftBank.

Image Source

Also read: Tata group to take over Air India by this weekend

Tata Group, an Indian conglomerate, announced that its long-awaited mega app, TataNeu, would be released to the public on April 7. TataNeu is the salt-to-software giant's attempt to compete with rivals like Amazon and Mukesh Ambani, local billionaire's Jio Platforms, which have scaled to new heights in the last decade while Tata concentrated on legacy businesses. The app brings together several Tata Group businesses, such as online grocer BigBasket and e-pharmacy platform 1Mg, acquired recently. Users will be able to send money, pay broadband, energy, water, and satellite TV bills, and get loans using TataNeu. Customers would be enticed sufficiently by Tata's one-stop-shop offering and perks to make the risky transfer. Tata plans to reimburse them with NeuCoins, equivalent to one Indian rupee. According to TechCrunch, the company testing TataNeu with tens of thousands of its employees for several quarters plans to phase out various group unit loyalty products from BigBasket, 1mg, and other businesses and replace them with NeuCoins. Tata Group is focusing on incentives as part of its effort to create a connective layer for its services, spanning a wide variety of sectors. If successful, the 155-year-old giant would be in a position to develop the country's largest loyalty programme. To fund its new digital ambitions, the company has engaged with many investors, including SoftBank. Image Source Also read: Tata group to take over Air India by this weekend

Next Story
Technology

Six ways a smarter workflow leads to faster, more accurate bids

In today’s fast-paced civil construction environment, estimators need more than just solid numbers. They need smart, streamlined processes. This article explores six key ways connected workflows can transform the estimated approach, help in minimising risk, move faster, and improve accuracy. By integrating tools, data, and teams, one can produce stronger bids with less rework, fewer surprises, and more confidence. As an estimator, the job goes beyond producing numbers. They are responsible for delivering bids that are fast, accurate, and built to win. In today’s civil construction ind..

Next Story
Real Estate

Experion Launches Women-Only Co-Living Project in Greater Noida

Experion, part of Singapore-based AT Capital Group, has launched its first co-living space under its managed rental housing brand, VLIV, in Greater Noida. The all-women residence features 730 twin-sharing beds with a strong focus on safety, comfort, and well-being. VLIV has committed a $300 million investment to create a structured, service-led rental housing ecosystem in India. The brand aims to scale up to 20,000 beds in the next few years, with a long-term target of 100,000 beds nationwide. “India’s rental housing is fragmented. VLIV is our way of building long-term, dependabl..

Next Story
Infrastructure Urban

Officine Maccaferri Acquires CPT to Bolster Tunnelling Tech

Ambienta’s platform company, Officine Maccaferri S.p.A., has acquired CPT Group, a leading Italian developer of robotic prefabrication systems and digital control technologies for mechanised tunnelling. The move positions Maccaferri as a global player in integrated tunnelling solutions, blending traditional and advanced mechanised systems. Based in Nova Milanese, CPT serves major global contractors across Europe, Southeast Asia, and Australia. The company offers robotic prefabrication (Robofactory), productivity-monitoring software for Tunnel Boring Machines (TBMs), and eco-designed spa..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?