Grapevine: Allianz-Shapoorji may exit IT park; Byju's, Credgenics in funding talks

Allianz Real Estate and Shapoorji Pallonji Group, which had bought Hyderabad office complex WaveRock for $250 million in 2019, is seeking to exit the asset for around Rs 2,000 crore, The Economic Times reported, citing multiple sources aware of the planned deal.  SPREF II, the Allianz-Shapoorji platform, bought WaveRock from a joint venture ......