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Prosus-backed gadget reselling startup Cashify has picked ICICI Securities, JM Financial and Nomura as bankers for its proposed IPO.
The startup is looking to raise ₹1,500-₹1,800 Cr through the IPO, which will be a mix of primary capital and offer for sale (OFS). The details of the two components will be decided at a later date, Moneycontrol reported, citing sources.
Early backers like Bessemer Venture Partners, Olympus Capital Asia, Blume Ventures and others are expected to sell shares…
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Prosus-backed gadget reselling startup Cashify has picked ICICI Securities, JM Financial and Nomura as bankers for its proposed IPO.
The startup is looking to raise ₹1,500-₹1,800 Cr through the IPO, which will be a mix of primary capital and offer for sale (OFS). The details of the two components will be decided at a later date, Moneycontrol reported, citing sources.
Early backers like Bessemer Venture Partners, Olympus Capital Asia, Blume Ventures and others are expected to sell shares…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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