ReNew Power's $1 billion SPAC deal may blaze a trail to Wall Street for Indian unicorns - NewsBreak
By Shannon in Business
Updated 3 years ago
Subscribe to Fortune Daily to get essential business stories straight to your inbox each morning. When ReNew Power, one of India's leading renewable energy producers, merges Tuesday with a Nasdaq-listed RMG Acquisition it is expected to become the first Indian company to raise more than $1 billion by combining with a U.S. special purpose acquisition company (SPAC).