Walmart Inc and Tata Group are exploring a potential investment valued at around $25 billion in India's salt-to-software group's latest "super app", the Mint reported on Tuesday, citing sources with information of the investment.

Based on ongoing talks between Walmart and Tata, the advanced app could be rolled out as a partnership between the two entities, banking on the alliance between Tata's e-commerce operations and Flipkart, Walmart's e-commerce division, the report said. Flipkart is a rival to Amazon's Indian operations.

The super app – estimated to be worth $50 billion to $60 billion – is projected to be introduced in December or January next year. It is designed to build a digital services giant that offers a broad array of products in the retail segment, healthcare, food, and grocery online ordering, and financial services, the report added.

Tata Group, whose product lineup includes satellite TV technology, is said to be proposing to consolidate all its retail operations into one umbrella. The deal could pave the way to India's biggest retail contract, which would be more valuable compared to Walmart's acquisition of a 66 percent stake in Flipkart for $16 billion in 2018.

According to Abonty Banerjee, head of digital and marketing at Tata Capital, the app is "easy to use, secure and provides a wealth of add-on features, which is useful for all customers," PYMNTS quoted Banerjee as saying.

News of the planned investment comes as Reliance Industries, owned by Asia's wealthiest person Mukesh Ambani, secured more than $20 billion from prominent groups, including Facebook, Google, KKR, and Silver Lake by disposing of assets in its digital unit, Jio Platforms.

Facebook Inc bought almost 10 percent shares worth $5.7 billion in Jio Platforms in April this year. Alphabet Inc followed suit with its own $4.5 billion funding two months later.

The e-commerce retail infrastructure is proposed to be operated by Walmart and Tata, with the likelihood of other international companies acquiring a stake. Walmart has picked Goldman Sachs as the investment group to handle the transaction, source said.