Tata Motors acquired an 18% equity stake in Freight Commerce Solutions for ₹95.66 crore via secondary purchase from three existing shareholders.
Post-acquisition, Tata Motors' stake in Freight Tiger increases to 63.6% on a fully diluted basis, making it a subsidiary.
Freight Tiger is a SaaS logistics platform with FY25 revenue of ₹26.7 crore, operating in the IT services sector.
The acquisition aims to integrate Freight Tiger with Tata Motors' Fleet Edge platform to create an end-to-end digital logistics ecosystem.