EQT moves to list BPO firm Straive, raise $400 million

EQT is set to list India-focused BPO and data analytics firm Straive in India through an offer-for-sale IPO of around $400 million, valuing the company at about $2.5 billion (around ₹24,000 crore). EQT will offload a 15-20% stake, with Axis Capital, Bank of America, IIFL Capital, and Goldman Sachs as book-running lead managers; the draft prospectus is expected to be filed with Sebi in September.