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Tiger Global fully exits Ather Energy after Rs 1,204 crore stake sale

  • November 8, 2025
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Tiger World’s Web Fund III Pte Ltd has totally exited its funding in Ather Energy, offloading its complete 5% stake within the electrical two-wheeler maker via open-market bulk

Tiger Global fully exits Ather Energy after Rs 1,204 crore stake sale


Tiger World’s Web Fund III Pte Ltd has totally exited its funding in Ather Energy, offloading its complete 5% stake within the electrical two-wheeler maker via open-market bulk offers on November 6.

In response to change information, the worldwide funding agency bought 1,01,25,000 shares on the Nationwide Inventory Alternate (NSE) at a mean value of Rs 623.56 per share, and 92,35,832 shares on the Bombay Inventory Alternate (BSE) at Rs 620.45 per share, producing mixed proceeds of about Rs 1,204 crore.

As of September 30, Tiger World held 1.93 crore shares, or roughly 5.09% of Ather Vitality’s paid-up capital.

The sale marks a whole exit from the corporate, which the fund first backed in 2015 with an investment of about $12 million. Earlier in 2025, Tiger World bought a small tranche of round 4 lakh shares in Ather’s offer-for-sale (OFS), realising Rs 12.84 crore.

Based mostly on the per-share price from its 2015 funding, that block delivered a return of roughly 8.3 occasions on a cost-per-share foundation, although not on the overall fund funding. The buying and selling session additionally noticed heavy bulk-deal exercise involving IRAGE Broking Providers LLP.

Alternate information present the agency bought about 22 lakh Ather shares price Rs 137 crore at Rs 622.26 every, whereas promoting over 21 lakh shares on the BSE for Rs 134 crore Rs 623.30 every, doubtless as a part of routine market-making reasonably than any formal price-stabilisation train.

The exit comes as Ather Vitality continues to strengthen its market place. In response to Vahan information, Ather recorded a 53% rise in electrical two-wheeler registrations in October, reaching 28,061 models and capturing about 19.5% market share, rating simply behind Bajaj Auto and TVS Motor.

Financially, Ather’s efficiency has continued to enhance. In Q1 FY26, revenue from operations rose 79% year-on-year to Rs 645 crore, whereas internet losses narrowed 3% to Rs 178 crore. The corporate has introduced that its Q2 FY26 outcomes might be launched on November 10. 

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