Tata Motors Acquires 27% Stake in Freight Tiger for INR 150 Crore

Tata Motors has already introduced its 'Fleet Edge' linked vehicle platform to help with fleet operations management.

Tata Motors has made agreements with Freight Commerce Solutions (Freight Tiger) to purchase a 26.79% share in Freight Tiger for Rs 150 crore.

This also includes a provision that allows Tata Motors to invest an additional Rs 100 crore over the next two years at the prevailing market value.

Freight Tiger is a digital platform that offers end-to-end logistics value chain solutions for domestic cargo movement. The platform connects shippers, carriers, logistics service providers, and fleet owners to a single digital marketplace, making it simple to find, book, and manage freight, while also providing a number of Software as a Service (SaaS) solutions to digitise and streamline logistics interactions such as freight tracking, assignment, carrier matching, documentation, and payment processing.

The platform boasts an annualized capacity of over 10 million trips and has spent the past seven years continuously improving the efficiency of cargo movements through integration and optimization.

Tata Motors has already introduced its 'Fleet Edge' linked vehicle platform to help with fleet operations management. The strategic investment will help the company accelerate its activities to improve the efficacy and efficiency of the truck and freight ecosystem.

These innovative solutions (Fleet Edge and Freight Tiger) aim to create a comprehensive end-to-end digital ecosystem for the entire logistics value chain, covering both the truck and trip ecosystems, and bringing significant benefits to shippers, brokers, and transporters who keep India moving.

Also Read: Ashok Leyland Launches Women-Centric Cabin Trim Line in Pantnagar Plant

The logistics and transportation industry in India is undergoing rapid digitization, with a growing emphasis on optimizing operations and reducing costs. Tata Motors' strategic investment in Freight Tiger is a clear indication of their ambition to play a vital role in this transformation and solidify their presence in this vital sector.