Tiger Global to make 8.3X return on Ather offer for sale

Tiger Global, a prominent investment firm, is reportedly poised to achieve an 83-fold return on its investment in Ather Energy through the offer for sale (OFS) component of Ather's upcoming IPO. This significant multiple on their investment highlights the potential for substantial gains in the venture capital and private equity space, particularly in high-growth sectors like electric vehicles. Tiger Global's early bet on Ather Energy, a leading Indian EV scooter manufacturer, appears to have paid off handsomely, reflecting the company's successful growth trajectory and the increasing investor interest in the Indian EV market. The substantial return also underscores the attractiveness of the Indian startup ecosystem for global investors.