Exhilway Asia Ventures files for IPO

India Infoline News Service | Mumbai | November 26, 2014 10:03 IST

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

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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