
VC-backed Mobikwik files for India IPO

Indian digital payments provider Mobikwik is looking to raise up to INR19 billion ($255 million) through a domestic IPO that would facilitate partial exits for a string of investors.
The offer will comprise up to INR15 billion in new shares and INR4 billion in existing shares held by Sequoia Capital India, hedge fund Tree Line Management, American Express, Cisco Systems, and local...
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