Imagine Marketing, the parent company of wearables brand boAt, on Friday said it has raised Rs 500 crore from existing shareholder, a Warburg Pincus affiliate, and new investor Malabar Investments. The company has withdrawn its listing plans for now, and is likely to reconsider IPO plans in the next 12-18 months, a source privy to the development said.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/NjXzUM1
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