Robotics company GreyOrange eyes $600 million via US listing

GreyOrange, an Indian robotics company backed by Tiger Global, is evaluating a US listing to raise $500-600 million, people aware of the plan said.

The company is in early-stage discussions with investment banks JPMorgan, Bank of America and Morgan Stanley for the capital raising initiative, which is expected towards the end of the year or early next year.