Karbonn Mobiles, the third-largest smartphone maker in India, expects to go public by 2016 as it bets on sales of Android devices made in partnership with Google Inc to boost revenue growth.
"Frankly, I've been delaying it for the last couple of years because I wanted to know my valuation ... and now my valuation has gone much higher in the last few years," chairman Sudhir Hasija told Reuters.
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