Grapevine: Tata Capital eyes higher valuation in planned IPO; Nexus plans new VC fund
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Grapevine: Tata Capital eyes higher valuation in planned IPO; Nexus plans new VC fund

By Roshan Abraham

  • 24 Jul 2025
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Grapevine: Tata Capital eyes higher valuation in planned IPO; Nexus plans new VC fund
Credit: Reuters

Non-banking finance company Tata Capital Ltd is eyeing a valuation of $18 billion to $20 billion in its planned initial public offering, higher than an earlier target of about $11 billion, according to a media report.  This could likely rank the company as India's fourth-biggest NBFC, Bloomberg reported, citing sources. Bajaj Finance ......

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