 "Goldman Sachs")
Goldman Sachs Group Inc. and Morgan Stanley are among institutional investors bidding to participate in the initial public offering of Indian digital-map provider MapmyIndia, according to people familiar with the matter.
Mutual funds of India’s HDFC, State Bank of India, Aditya Birla Group and ICICI Bank Ltd. are also bidding to become so-called anchor investors in the IPO, said the people, asking not to be named because the information isn’t public. MapmyIndia, officially C.E. Info Systems Ltd., said Monday it’s raising as much as 10.4 billion rupees ($138 million) by selling shares at 1,000 rupees to 1,033 rupees apiece.
The company
