Backed by the ace investor Mukul Agrawal, Rite Water Solutions (India) has filed for a draft red herring prospectus (DRHP) with the market regulator SEBI for its Rs 745 crore initial public offering (IPO).
The Nagpur-based, Clean-tech player is supported by the Water Access Acceleration Fund S.L.P. (W2AF) organized and existing under the laws of France and managed by Incofin Investment Management in Belgium and backed by ace investor Mukul Agrawal.
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