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Tiger Global fully sold its stake in Indian EV maker Ather Energy ahead of Q2 results.
Tiger Global Management has fully exited its 5.09% stake in Indian electric two-wheeler maker Ather Energy, selling 1.93 crore shares for approximately Rs 1,204 crore in open market transactions on November 6, 2025.
The sale, completed via its affiliate Internet Fund III Pte, came ahead of Ather’s Q2 FY26 results, with the company’s shares rising 3.16% to close at Rs 654.70.
The move marks Tiger Global’s complete divestment from Ather, following the end of the post-IPO lock-in period.
Ather reported strong Q1 FY26 performance with a 79% year-on-year revenue increase and nearly doubled vehicle sales.
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Tiger Global vendió totalmente su participación en el fabricante indio de EV Ather Energy antes de los resultados del segundo trimestre.