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Lava in talks with PE funds to raise ₹500-600 crore
Business Standard
|August 22, 2025
To sell 10-15% stake; planned IPO pushed to FY27
Lava International, India's only home-grown smartphone brand, is close to raising ₹500-600 crore from private equity investors via stake sale of 10-15 per cent, two people aware of the development said. The Noida-headquartered company's initial public offering (IPO), which was planned for FY26 earlier, has now been pushed to financial year 2027, one of the people said.
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FLERE HISTORIER FRA Business Standard
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