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Namita Thapar's Emcure plans to raise $500 mn in 2024 IPO: Report
short by Mansi Agarwal / on Monday, 25 September, 2023
Shark Tank India judge Namita Thapar's Emcure Pharmaceuticals plans to raise up to $500 million through an IPO next year, Reuters reported. The company is reportedly targeting a valuation of about $3 billion and has hired investment banks including JPMorgan and Kotak for the initial public offering. Emcure shelved IPO plans in 2022 amid unfavourable market conditions.
read more at Reuters