Robotics company GreyOrange planning US listing to raise over $500 Mn


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Tiger Global-backed Indian robotics company GreyOrange is reportedly evaluating a US listing to raise $500 Mn-$600 Mn. The public listing could value the AI robotics company at $1.5 Bn-$1.7 Bn. According to ET, the company is in early-stage discussions with investment banks JP Morgan, Bank of America and Morgan Stanley for the listing, which could happen by the end of this year or early next year.