Kedaara, Helion to part-exit microlender Spandana Sphoorty via IPO

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Microfinance lender Spandana Sphoorty Financial Ltd has filed its draft prospectus with Securities and Exchange Board of India (SEBI) to float an initial public offering (IPO) that will see three institutional backers, which include private equity and venture capital firms, partially exit their investments. The IPO comprises a fresh issue of ......