India: Axis Asset Management looks to raise pre-IPO fund of up to $154m

India: Axis Asset Management looks to raise pre-IPO fund of up to $154m

Photo: Aniruddha Chowdhury/Mint

Axis Asset Management Co. Ltd, the asset management business of Axis Bank Ltd, is planning to raise a pre-initial public offering (IPO) fund of around Rs750-1,000 crore, two people aware of the development said.

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