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 artificial intelligence (AI) robotics company at $1.5 Bn-$1.7 Bn.
According to ET, which first reported the development, 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.