Patanjali hires investment banks to raise â¹1,000 crore
Baba Ramdev-led Patanjali Ayurved has hired two investment banks to raise structured credit worth â¹1,000 crore, according to reports. Patanjali is reportedly exploring an equity-linked fund-raise option for the first time, and has approached various domestic and foreign funds with an initial proposal. Earlier, Patanjali CEO Acharya Balkrishna ruled out an IPO in the near future.