AceVector to file DRHP for Rs 500 Cr IPO

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E-commerce ecosystem firm AceVector Limited is in advanced stages of filing draft red herring prospectus (DRHP) to raise a Rs 500 crore through an initial public offering, sources aware of the matter told Entrackr.

Gurugram-based AceVector comprises e-commerce marketplace Snapdeal, e-commerce enablement SaaS platform Unicommerce and consumer-brands platform Stellaro Brands. 

“The proposed issue will be majority primary capital and CLSA and IIFL are likely to be the bankers for…



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AceVector to file DRHP for Rs 500 Cr IPO


E-commerce ecosystem firm AceVector Limited is in advanced stages of filing draft red herring prospectus (DRHP) to raise a Rs 500 crore through an initial public offering, sources aware of the matter told Entrackr.

Gurugram-based AceVector comprises e-commerce marketplace Snapdeal, e-commerce enablement SaaS platform Unicommerce and consumer-brands platform Stellaro Brands. 

“The proposed issue will be majority primary capital and CLSA and IIFL are likely to be the bankers for…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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