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Microsoft, Times Internet-backed Affle lowers valuation expectation in India IPO

By Ankit Doshi

  • 24 Jul 2019
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Microsoft, Times Internet-backed Affle lowers valuation expectation in India IPO
Credit: VCCircle

Singapore-based Affle Holdings Pte. Ltd, which provides mobile commerce and marketing services, has reduced the size of its India unit's initial public offering and moderated its valuation expectations. Affle (India) Ltd on Wednesday fixed the price band for its IPO at Rs 740-745 apiece. The IPO will begin July 29 and ......

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