SAP Ventures, the corporate venturing unit of global software group SAP, will soon realize its investment in Mumbai-based Just Dial, an India-based local business listings site, when the company opens its initial public offering on May 20 to raise between Rs 822 crore ($150m) and Rs 950 crore ($170m).
Depending on the final price band announced on Monday, the listing of Just Dial could mark India’s largest offering by an Indian internet company.
Just Dial, which has been putting its…
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