Exhilway Asia Ventures files for IPO

The company has filed an IPO for valuation of $2.5 bn and will be concluded by January 2015.

Nov 26, 2014 04:11 IST India Infoline News Service

Exhilway Asia Ventures, the emerging markets PE fund of New Jersey based investment management firm Exhilway Global, has filed for an IPO at NASDAQ, according to reports.
The company has filed an IPO for valuation of $2.5 bn and will be concluded by January 2015. 
The PE fund is targeting investment of $1 bn ( Rs 6000 crore) in India over the next five years, says report.

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