Poging GOUD - Vrij

o9 Solutions hopes to sustain growth pace, eyes IPO in 2 yrs

Mint Mumbai

|

August 02, 2023

The company last month closed a $116 million funding round that valued it at $3.7 billion

- Malvika Maloo

o9 Solutions hopes to sustain growth pace, eyes IPO in 2 yrs

KR-backed enterprise artificial intelligence (AI) unicorn o9 Solutions is seeking to maintain high pace of growth on the back of its recent fundraising even as it prepares for a public listing in two years, said a top executive.

"We've been working towards developing the company to be ready for the public markets. That has several dimensions including various governance and compliance," said Anand Govind, 09's chief financial officer.

"We expect (the journey) to last at least the next 18 to 24 months. Beyond that, I think it's a question for the board as well as external market conditions." Govind added.

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