Everstone-backed IndoStar Capital revives IPO plan

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Credit: Shah Junaid/VCCircle

Non-banking financial company IndoStar Capital Finance Ltd has revived a plan to go public, two people aware of the development told VCCircle, even as it explores the acquisition of ICICI Bank’s mortgage lending unit.IndoStar, backed by private equity firm Everstone Capital, plans to raise around Rs 1,300 crore ($200 million) ......

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