Amazon-Backed More Retail Eyes $300M IPO in 2026

Amazon's Indian grocery chain, More Retail, is planning to go public in 2026.

This means the company will sell shares to the public for the first time, which could raise $300 million and value the company at $2.5 billion.

More Retail has been expanding and currently has 767 stores.

India's IPO market is doing really well this year.