TT&A acted as the Indian counsel to Tata Motors Limited (“TML”) in an acquisition of 26.79% stake in Freight Commerce Solutions Private Limited by way of a primary investment of INR 150 crores through a combination of equity shares and compulsory convertible preference shares.

Tata Motors has already introduced its connected vehicle platform ‘Fleet Edge’ for aiding fleet operations management. Tata Motors’ strategic investment in ‘Freight Tiger’ will accelerate the company’s initiatives in driving effectiveness and efficiency in the truck and freight ecosystem. Together, these innovative solutions (‘Fleet Edge’ & ‘Freight Tiger’) aspire to forge a comprehensive end-to-end digital ecosystem for the entire logistics value chain, covering both the truck and the trip ecosystem thereby bringing significant benefits to shippers, brokers and transporters who keep India moving.

TT&A Team: Gautam Saha – Joint Managing Partner; Sachin Mehta & Deepa Christopher – Partners;  Pooja Menon – Managing Associate; Chhavi Singhal & Utsav Agarwal – Senior Associates and; Prakhar Srivastava; Pranav Kandada; Radhika Sarda & Sajjan Singh – Associates