Tata Motors to acquire 27% stake in Freight Tiger
ECONOMY & POLICY

Tata Motors to acquire 27% stake in Freight Tiger

Tata Motors, in a recent announcement on Thursday, disclosed its agreement to acquire a substantial 26.79% stake in the digital logistics solutions platform, Freight Tiger, for an investment of Rs 150 crore, approximately equivalent to $18 million. This agreement also includes a provision that allows Tata Motors to make an additional investment of Rs 100 crore over the next two years, based on the prevailing market value. This additional investment effectively positions Freight Tiger's valuation at approximately Rs 560 crore, or $67 million.

In a stock exchange filing, Swapnil Shah, Founder and CEO of Freight Tiger, expressed his enthusiasm regarding the substantial backing and expertise that Tata Motors' investment brings to the company. He emphasized that this strategic partnership places Freight Tiger in a pivotal position to lead India's endeavors in reducing logistics costs to below 10% of the GDP, a significant improvement from the current figure of over 14%.

Tata Motors underlined that its strategic investment in Freight Tiger will serve to expedite the company's initiatives aimed at enhancing effectiveness and efficiency within the truck and freight ecosystem. Freight Tiger operates as a digital platform, providing end-to-end solutions for the logistics value chain, facilitating cargo movement across the country. The platform acts as a unifying marketplace that connects shippers, carriers, logistics service providers, and fleet owners. Freight Tiger claims to facilitate more than 10 million trips on an annualized basis.

Tata Motors has already introduced its 'Fleet Edge' connected vehicle platform, geared towards aiding fleet operations management. Among its roster of clients, Freight Tiger boasts esteemed names such as Saint Gobain, JSW Steel, and Apollo Tyres. This strategic investment is poised to strengthen Tata Motors' footprint in the evolving landscape of digital logistics solutions.

Your next big infra connection is waiting at RAHSTA 2025 – Asia’s Biggest Roads & Highways Expo, Jio World Convention Centre, Mumbai. Don’t miss out!

Tata Motors, in a recent announcement on Thursday, disclosed its agreement to acquire a substantial 26.79% stake in the digital logistics solutions platform, Freight Tiger, for an investment of Rs 150 crore, approximately equivalent to $18 million. This agreement also includes a provision that allows Tata Motors to make an additional investment of Rs 100 crore over the next two years, based on the prevailing market value. This additional investment effectively positions Freight Tiger's valuation at approximately Rs 560 crore, or $67 million. In a stock exchange filing, Swapnil Shah, Founder and CEO of Freight Tiger, expressed his enthusiasm regarding the substantial backing and expertise that Tata Motors' investment brings to the company. He emphasized that this strategic partnership places Freight Tiger in a pivotal position to lead India's endeavors in reducing logistics costs to below 10% of the GDP, a significant improvement from the current figure of over 14%. Tata Motors underlined that its strategic investment in Freight Tiger will serve to expedite the company's initiatives aimed at enhancing effectiveness and efficiency within the truck and freight ecosystem. Freight Tiger operates as a digital platform, providing end-to-end solutions for the logistics value chain, facilitating cargo movement across the country. The platform acts as a unifying marketplace that connects shippers, carriers, logistics service providers, and fleet owners. Freight Tiger claims to facilitate more than 10 million trips on an annualized basis. Tata Motors has already introduced its 'Fleet Edge' connected vehicle platform, geared towards aiding fleet operations management. Among its roster of clients, Freight Tiger boasts esteemed names such as Saint Gobain, JSW Steel, and Apollo Tyres. This strategic investment is poised to strengthen Tata Motors' footprint in the evolving landscape of digital logistics solutions.

Next Story
Real Estate

Vitizen Hotels Signs Deal at Manyata Tech Park

Vikram Kamats Hospitality, as part of its ongoing expansion in key metropolitan markets, announced that its material subsidiary, Vitizen Hotels, has signed a long-term lease agreement for a 45-key hotel property at Manyata Tech Park, Bengaluru.Strategically located in the city’s prominent IT hub, the property is well-positioned to serve corporate travelers, business professionals, and long-stay guests. The addition aligns with the company’s asset-light growth model, leveraging long-term leases to expand its footprint in high-demand urban markets.The hotel is expected to strengthen the comp..

Next Story
Infrastructure Transport

CONCOR Signs MoU with BPIPL to Operate Container Terminal at Bhavnagar Port

Container Corporation of India (CONCOR) has signed a Memorandum of Understanding (MoU) with Bhavnagar Port Infrastructure (BPIPL) on September 4, 2025, in New Delhi to operate and maintain the upcoming container terminal at the northside of Bhavnagar Port, Gujarat.BPIPL had earlier entered into an agreement with the Gujarat Maritime Board (GMB) in September 2024 for the port’s development. Under this arrangement, 235 hectares of land has been leased to BPIPL for 30 years, with provision for expansion by an additional 250 hectares.The new terminal is expected to significantly enhance logistic..

Next Story
Infrastructure Transport

Concord Launches India’s First Indigenous Zero-Emission Rail Propulsion

Concord Control Systems (CCSL), a leader in embedded electronics and critical rail technologies, has announced the development of India’s first fully indigenous zero-emission propulsion system, marking a significant step toward the country’s railway electrification and net-zero goals for 2030.Powered by Lithium Iron Phosphate (LFP) batteries and featuring a DC chopper-based drive, the propulsion system eliminates idling losses common in diesel engines, offering higher efficiency, lower costs, and zero emissions.What sets this innovation apart is its completely indigenous design. Except for..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?