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India Digest: Groww eyes $700m IPO; Ather eyes $2.4b for IPO

India Digest: Groww eyes $700m IPO; Ather eyes $2.4b for IPO

Electronic board indicating the latest stock figures are reflected in a glass facade at the National Stock Exchange of India Ltd. (NSE) in Mumbai, India, on Friday, Dec. 16, 2016. Photographer: Dhiraj Singh/Bloomberg

Groww is looking at a potential initial public offering (IPO) to raise around $700 million, while Ather Energy is set to value itself at as much as $2.4 billion in its upcoming IPO, per media reports.

Edited by: Joymitra Rai

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