Consumer electronics player Intex weighs fundraising, IPO plans

Delhi-based Intex Technologies is evaluating potential fundraising and a future initial public offering within the next 12 to 24 months. The firm intends to use the proceeds to strengthen its direct-to-consumer presence, expand its product portfolio, and continue manufacturing investments.Established in 1996 by Narendra Bansal, Intex is a consumer electronics firm that manufactures and retails products including smart televisions, air conditioners, washing machines, refrigerators, and smaller kitchen appliances.