India: Premji Invest-backed FSS starts IPO process, to raise $154m

India: Premji Invest-backed FSS starts IPO process, to raise $154m

Azim Premji. Photo: Aniruddha Chowdhury/Mint

Billionaire Azim Premji’s investment arm Premji Invest-backed Financial Software and Systems Pvt. Ltd has started working on an initial public offering that could see the company raise up to Rs1,000 crore, according to two people aware of the development.

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