Carlyle Picks JPMorgan and Kotak to Help Arrange Hexaware IPO, Sources Say

  • An IPO may value the Indian IT company at up to $6 billion
  • Public offering could happen as early as in fourth quarter
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Carlyle Group Inc. has selected JPMorgan Chase & Co. and Kotak Mahindra Bank to help arrange Hexaware Technologies Ltd.’s planned initial public offering in Mumbai this year, according to people familiar with the matter.