PropEquity founder buys back stake from US-based hedge fund, targets $100m IPO in next two years
moneycontrol.com | December 07, 2017
In a rare case of a promoter buying back stake, Gurgaon-based real estate-focused research, data and analytics firm PropEquity’s CEO Samir Jasuja has bought back 80 percent stake from the New York-headquartered Och-Ziff Capital Management for US$10-12 million and has plans to launch an IPO in the next two years.