The reported move would reopen the SoftBank-backed company's bid to tap Indian public investors in a deal that could raise as much as $800 million.
SoftBank-backed OfBusiness is reportedly exploring a revival of its India IPO (initial public offering) plans, with the fundraising target reaching up to $800 million. The reported move signals renewed consideration of a public market listing in India, which would give the company access to capital from public investors if it proceeds.