Vikash Saraf News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Continuum Green Energy (India) is preparing to raise funds from two global private equity investors, with a valuation estimated at $1 billion, in anticipation of an upcoming initial public offering (IPO). Founded by Arvind Bansal and Vikash Saraf, the renewable energy company has signed a term sheet with Global Environment Fund and UK-based Just Climate to secure $150 million in funding. This investment will establish a valuation benchmark ahead of the IPO.

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ReNew Power Ventures Pvt. Ltd has evinced interest in buying US investment bank Morgan Stanley’s majority stake in Continuum Green Energy (India) Pvt. Ltd, said two people aware of the matter.