Business

boAt Slashes IPO Size but Co-Founders and Big Investors Could Make a Fortune

India’s homegrown audio and wearables giant boAt has just made a dramatic move in the stock market—slashing its planned IPO from ₹2,000 crore to ₹1,500 crore. But while the offering shrinks, the co-founders and big investors are still poised for massive paydays, making this one of the most talked-about listings in India this year. Who’s Cashing Out? Warburg Pincus, via South Lake…
Read more