India-based consumer goods conglomerate Pantaloon Retail has reportedly revived flotation plans for its corporate venturing unit, Future Ventures.
The listing had been started in 2008 but the group’s founder, Kishore Biyani, said to local reporters it would be resubmitted to the authorities on Wednesday (see the original filing here).
Local news provider PTI said Future Ventures had stakes in three companies, including the Indian arm of Dollar Stores International, and would be second venture capital company after IL&FS Investment Managers to be listed.