Warburg-backed Perfios weighing $500 million IPO

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Perfios Software Solutions Pvt., an Indian technology company backed by Warburg Pincus, is considering an initial public offering that could raise about $500 million in India, according to people familiar with the matter...

Perfios is seeking to hire banks to help arrange a share sale that could take place as early as this year, the people said.. Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIT DelhiIITD Certificate Programme in Data Science & Machine LearningVisitIIM LucknowIIML Executive Programme in FinTech, Banking & Applied Risk ManagementVisitMITMIT Technology Leadership and InnovationVisit..

Founded in 2008, Perfios is software-as-a-service company whose clients include banks, insurers and other financial services firms in markets such as India, the Middle East and southeast Asia, according to its website..

Considerations are preliminary, no final decisions have been made and details such as the size and timing of the IPO could change, they said.. Representatives for Warburg Pincus and Perfios did not respond to requests seeking comment, while Kedaara Capital declined to comment...

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