Investors snap up’s new shares

14 Sep 2017

In India, the matchmaking and wedding-services company successfully placed new shares in two steps. First, it allotted shares to ten so-called anchor investors, and then it successfully placed new shares in an IPO. Among the anchor investors were Small Cap World Fund, HDFC Mutual Fund, private equity fund Baring Private Equity India, and Goldman Sachs. The anchor investors pumped in $36 million U.S., and the…

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Radhika Sachdev