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OfBusiness weighs reviving India IPO worth up to $800M
OfBusiness is considering reviving an India IPO of up to $800 million, including up to $200 million in fresh shares. The B2B procurement and embedded-finance platform supplies SME customers across metals, chemicals, agricultural commodities and apparel.
Reported figures
From the report. Source details below
| India IPO proceeds this year: | about $6.8 billion |
|---|---|
| India IPO proceeds last year: | $22.4 billion |
| Founded: | 2015 |
Also in the report
- IPO draft prospectus targeted as soon as November
The source
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