Ola raises $500 mn from Temasek, Warburg Pincus ahead of IPO
"I welcome Warburg Pincus and Temasek to Ola and look forward to collaborating with them in our next phase of growth," Aggarwal added.
"I welcome Warburg Pincus and Temasek to Ola and look forward to collaborating with them in our next phase of growth," Aggarwal added.
Lion Meadow will hold about 0.664 per cent of the post-issue equity share capital of the company.
The amount will be discharged primarily via issuance of 3.64 crore equity shares of Airtel at a price of Rs 600 per share.
This latest development followed the stake sale of existing shareholders to an affiliate of the private equity funds that fall under by Warburg Pincus, Orange Clove Investments BV.
The product portfolio of boAt includes headphones, earphones, smartwatches, speakers, travel chargers and premium cables.
Private equity investor Warburg Pincus purchased a 14 per cent stake in India's largest cinema chain, PVR Ltd, for Rs.820…
Private equity investor Warburg Pincus purchased a 14 per cent stake in India's largest cinema chain, PVR Ltd, for Rs.820…
