India: Resonance Eduventures delays IPO, PE investors eye stake sale

India: Resonance Eduventures delays IPO, PE investors eye stake sale

Resonance Eduventures Ltd, which prepares students for competitive exams, has deferred plans for an initial share sale and its private equity (PE) investors are now looking to sell their stakes in a secondary transaction for around Rs.500 crore, according to three people aware of the development.

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