The US-based investment firm's substantial sale of Flipkart's stake to Walmart Inc. was one of the largest exits by a foreign investor in the Indian e-commerce sector
The Supreme Court's Tiger Global ruling narrows grandfathering protection, allowing tax authorities to scrutinise pre-2017 investments at exit under GAAR and anti-abuse norms
CBDT to adjust ₹968 crore tax withheld on Tiger Global's Flipkart exit after Supreme Court upheld India's right to tax the transaction
Supreme Court's Tiger Global ruling strengthens GAAR, pushing taxpayers to rethink treaty benefits, legacy structures and cross-border tax planning
Given the findings of the SC, it is likely to send mixed signals to foreign investors and unsettle various long-settled positions around tax treaty benefits
A single certificate was once enough to unlock tax treaty benefits in India. Not anymore. The Supreme Court’s January 2026 ruling in the Tiger Global case has redrawn the rules for foreign investors.
The Supreme Court's Tiger Global ruling strengthens India's ability to tax cross-border exits and probe treaty shopping, even when foreign investors hold valid tax residency certificates
The top court allowed authorities to tax the capital gains from Tiger Global's $1.6 billion stake sale in Flipkart in 2018
Indian officials argued arrangement was meant to avoid tax
The apex court said tax authorities had correctly rejected Tiger Global's application seeking exemption from capital gains tax arising from the transaction
Tiger Global and Indian tax authorities have been locked in a legal tussle over its 2018 stake sale in Indian e-commerce company Flipkart to Walmart worth ₹14,440 crore ($1.6 billion)
Tiger Global has sold its entire 5.09% stake in Ather Energy for ₹1,204 crore, exiting months after the EV maker's IPO even as the company's valuation nearly doubled to ₹24,800 crore
Consumer technology firm Nothing on Tuesday said it has raised USD 200 million (about Rs 1,762 crore) in a Series C funding round, valuing the company at USD 1.3 billion, to accelerate its efforts to build an AI-native platform where hardware and software converge. The funding round was led by Tiger Global, with support from existing shareholders, including GV, Highland Europe, and EQT. New strategic backing came from Nikhil Kamath and Qualcomm Ventures, the company said in a statement. The fresh capital will be used to accelerate the company's innovation roadmap and further scale its distribution network. The London-headquartered four-year-old company reported that it crossed USD 1 billion in total sales at the beginning of 2025. It also announced plans to launch its first AI-native devices next year. In the near-term, we believe that the smartphone will remain the only device shipping at a billion-unit scale each year. But soon, we'll all be carrying an additional device that wil
The online services aggregator plans to use over half of the funds raised from new shares for developing tech offerings
The Tiger Global Management-backed company is focused on becoming profitable on a consolidated basis across all business verticals, said Shashank Kumar, co-founder and managing director of Razorpay
Sahu's complaint alleges that his signature as a company director was illegally used to finalise NestAway's Rs 90-crore sale to proptech firm Aurum on June 28, 2023
Tiger Global had sold its stake in Flipkart to Walmart during the year. It claimed exemption from capital gains tax on the sale under the DTAA
Dream11 has filed a lawsuit in the High Court in Mumbai challenging the notices, court papers showed. The case is likely to be heard in coming days
Tiger Global and billionaire Yuri Milner's DST Global on Monday sold a 1.8 per cent stake in online food ordering platform Zomato for Rs 1,412 crore through open market transactions. Axis Mutual Fund, SBI Life Insurance Company, ICICI Prudential Life Insurance Company, Founders Collective Fund, Morgan Stanley Asia Singapore and Societe Generale, among others were the buyers of the shares of Zomato. Tiger Global through its affiliate Internet Fund III Pte and DST Global through its investment vehicle Apolleto Asia Ltd offloaded the shares on BSE and NSE. According to the bulk and block deal data available with the two exchanges, Tiger Global offloaded a total of 12,34,86,408 shares on BSE, amounting to a 1.44 per cent stake while Apoletto Asia disposed of 3,19,80,447 shares or around 0.4 per cent shareholding in Zomato. The shares were sold in the range of Rs 90.10-91.01 apiece, taking the combined transaction value to Rs 1,411.99 crore. On Monday, shares of Zomato rose 1.53 per ce
Latest deal puts Flipkart's valuation at $35 bn and prepares it for IPO