Croma gets Rs 250 cr funding from Tata Sons

Tata-owned Infiniti Retail owned consumer durable chain Croma electronics retail chain, has received Rs 250-crore equity infusion from Tata Sons as highlighted by leading media groups. Primarily, the fund will be utilized to ramp up the expansion.

Currently, there are 117 Croma stores which makes it the second-largest consumer electronics retailer after Mukesh Ambani's Reliance Digital, which has over 200 outlets.