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Course5 to raise $75 mn from Temasek, shelves IPO

Course5 Intelligence is in talks with Temasek to raise $75 million after deciding to shelve its IPO plans due to market conditions. The funds will be used for inorganic growth, including expanding to new markets and acquiring adjacent capabilities through acquisitions. The Mumbai-based data analytics firm was looking to raise up to ?600 crore ($80 million) through its IPO and an additional ?60 crore in pre-IPO placements.
United States Ashwin Mittal Palmolive Co Daiichi Sanyo Group National Bank Exchange Board Of India

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