India: Star Health files DRHP to raise funds via IPO route

India: Star Health files DRHP to raise funds via IPO route

Health insurer Star Health and Allied Insurance Co. Ltd, owned by a consortium of investors, including Rakesh Jhunjhunwala and Westbridge Capital, has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India to raise funds via an initial public offering (IPO).

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