Grapevine: Carlyle-backed Varmora eyes funding; Axis Cap appoints new ECM head

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Sanitaryware maker Varmora Granito, backed by Carlyle Group, is seeking to raise $100-150 million (Rs 836-1,254crore) in a pre-IPO round, valuing the company at nearly $600 million, a media report said.   The fundraising will include both primary and secondary investments from private equity investors, with significant interest from funds such as GIC and ......