Carlyle Group considers $1bn IPO for Hexaware Technologies, India's largest since 2022.
Carlyle Group is reportedly considering an IPO for Indian IT firm Hexaware Technologies, which could raise up to $1bn and value the company at $4bn or more. This would be the largest IPO in India since Life Insurance Corp of India's in 2022. The potential share sale is among the strategic options being explored by Carlyle, which also includes a stake sale to an investment firm or industry peer.
March 26, 2024
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