Tracing Capillary Tech’s Blueprint To D-Street

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SUMMARY

Until FY20, India was Capillary’s playground, but an aggressive acquisition spree in the US since 2021 inverted the equation, and North America now contributes 57% of its total revenue

However, this heavy reliance on the US brings its own set of headaches, exposing the company to geopolitical volatility and regulatory shifts in a single market

With its public issue oversubscribed 52X and the grey market signalling a premium of nearly 5% over its issue price, we look at its IPO playbook, business model and…



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Tracing Capillary Tech’s Blueprint To D-Street


SUMMARY

Until FY20, India was Capillary’s playground, but an aggressive acquisition spree in the US since 2021 inverted the equation, and North America now contributes 57% of its total revenue

However, this heavy reliance on the US brings its own set of headaches, exposing the company to geopolitical volatility and regulatory shifts in a single market

With its public issue oversubscribed 52X and the grey market signalling a premium of nearly 5% over its issue price, we look at its IPO playbook, business model and…



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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