Whalesbook
Amazon.com Inc. and Samara Capital Partners-backed More Retail Pvt. is reportedly planning an Initial Public Offering (IPO) to raise approximately $300 million. The Mumbai-based food and grocery chain has hired Avendus Capital Pvt. and ICICI Securities Ltd. as advisors for the potential listing, which could value the company at around $2.5 billion and may occur as early as next year. This move occurs as India continues to be a robust IPO market.