As a part of the OFS, Norwest Venture Partners X-Mauritius and TPG Growth IV SF PTE Ltd will offload shares worth Rs 700 crore each, Evolvence Coinvest I will divest shares to the tune of Rs 75 crore and Evolvence India Fund III Ltd will sell shares worth Rs 25 crore. Get more IPO News and Business News on Zee Business.
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Yulu Bikes, a Bengaluru-based startup with a strategic alliance with Bajaj Auto, may file for an initial public offering (IPO) in FY26, according to ET. The company is seeking debt and equity in the short to medium term to fund its activities.