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Malabar, local PE firm come in as anchor investors in Affle India’s IPO

By Ankit Doshi

  • 26 Jul 2019
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Malabar, local PE firm come in as anchor investors in Affle India’s IPO
Credit: VCCircle

Affle (India) Ltd, the local arm of Singapore-based mobile solutions company Affle Holdings Pte Ltd, has attracted a number of marquee institutional investors ahead of its initial public offering (IPO). These include existing investor Malabar Investments, the private equity arm of Edelweiss Financial Services Ltd and Hornbill Orchid Fund, an India-focused ......

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