dotCom era pioneer in India readies second startup for IPO


NEW DELHI: Rajesh Jain, 54, a pioneer of India’s Internet industry, is readying his second startup Netcore Cloud Pvt for an initial public offer within the next year, fresh after a US$100mil (RM422mil) acquisition this month.

“We’ve had initial conversations with half-a-dozen bankers and the formal process will start in the next couple of months,” Jain said over a Zoom call discussing the acquisition and the initial public offering (IPO).

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