Tata Motors Acquires ~18% Additional Stake in Freight Tiger for ₹95.66 Crore, Consolidates Majority Holding
Published on: May 16, 2026, 1:25 a.m. | Source: scanx.trade
Tata Motors Limited acquired an approximately 18% equity stake in Freight Commerce Solutions Private Limited (Freight Tiger) on May 15, 2026, for a cash consideration of approximately ₹95.66 crore through a secondary purchase from Lightspeed India Partners I, LLC, Florintree Infra LLP, and Mr. Swapnil Shah. Post-acquisition, Tata Motors will hold up to 63.6% in Freight Tiger on a fully diluted basis, making it a subsidiary. Freight Tiger, founded in 2014 and headquartered in Mumbai, provides SaaS-enabled logistics and transportation technology solutions, reporting revenue from operations of ₹26.7 crore in FY24-25. The acquisition is aimed at building a comprehensive end-to-end digital ecosystem for the logistics value chain through the integration of Tata Motors' Fleet Edge platform with Freight Tiger.
