Tiger Global fully exited Ather Energy, selling its 5% stake for ₹1,204 crore. Its 2015 $12 million investment exit reflects a shift from venture to institutional EV investment, aligning with the fund’s focus on AI, software, and fintech. Ather’s growth continues, with October registrations up 53% to 28,061 units and a 19.5% market share, per Vahan data.
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