InsuranceDekho owner is said to plan $250 million India IPO
InsuranceDekho owner is said to plan $250 million India IPO is drawing significant interest across the industry.
Girnar Insurance Brokers, which runs InsuranceDekho, is weighing an initial public offering in Mumbai that could raise up to $250 million, Bloomberg reported. The Gurugram-based aggregator has held discussions with investment banks and may appoint advisers soon. The IPO is likely to include a mix of new share issuance and secondary sales by existing investors, and could take place later this year, they said.
Experts suggest this could influence future trends and innovation in the sector.
More updates are expected as the story develops.
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