SoftBank-Backed OfBusiness Is Said to Explore Reviving India IPO

AI Summary

OFBusiness, an India-based technology supply chain and financing platform backed by SoftBank, is reportedly considering reviving plans for an IPO that could raise up to $800 million. This move suggests renewed market interest in Indian tech sector IPOs amidst fluctuating investor sentiment.

OFB Tech Pvt, the operator of technology supply chain and financing platform OfBusiness, is considering reviving plans for an initial public offering that could raise as much as $800 million, according to people familiar with the matter.