By Ishita Russell
Agritech startups Sabziwala and LivLush, both backed by Elevar Equity, have merged their businesses to form a new entity called Kamatan.
The deal had been terminated for want of necessary approvals.
IPOs worth Rs82,500 crore are expected to be completed in FY18, double the previous record in FY08.
Grofers last raised $120 million at a valuation of about $400 million in November 2015.
ICICI Securities has set a price band of Rs519-520 per share for the IPO.
The company has set a price band of Rs1,215 to Rs1,240 per share for the IPO, which closes on 20 March.
The consortium led by VTB is up against ArcelorMittal, the world’s biggest steelmaker, that last month submitted a higher offer than the former.
Mumbai banker Nirmal Jain’s $20 billion private-wealth-management unit IIFL Holdings became India’s biggest by assets and helped make him a billionaire.
Trump Tower on Kolkata’s EM Bypass is being developed by Unimark Group, RDB Group and Tribeca Developers, with 136 high-end residential units spread across two acres.
General Atlantic is reportedly in advanced talks with Capital Foods and is likely to acquire an about 80% stake in the company.