By Ishita Russell
Former Housing.com CEO, Kothari was earlier the CEO and vice-chairman of US-based entertainment company Valiant Entertainment.
Indiamart could file its draft red herring prospectus as early as next month.
The company is expected to make the investment through a fund backed by Saudi Arabia’s government.
Pixr8 aims to use the latest funding for expansion in India and internationally.
Morgan Stanley Infrastructure Partners, which manages over $4 billion globally, had invested $212 million in Singapore-based Continuum Wind in 2012.
This comes against the backdrop of growing interest from sovereign wealth funds to invest in India.
In 2013, NSE launched a platform called Emerge ITP to allow start-ups to get listed without having to go through a full-fledged initial public offering (IPO) route.
Fine Organic has set a price band of Rs780-783 per share for the IPO, which will close on 22 June.
The opposition from some Thyssenkrupp investors, which may be causing concern, is on the structure of the deal.
SBI is the leader of the lenders forum for Punj Lloyd.