Capillary Technologies Gets Board Nod For INR 2,250 Cr IPO

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SUMMARY

AI-based SaaS startup Capillary Technologies plans to raise INR 500 Cr through fresh issuance of shares and INR 1,750 Cr via an offer for sale (OFS) component

This comes months after Inc42 reported in January that Capillary was looking to file its draft red herring prospectus (DRHP) with SEBI by June 2025

Capillary reported a consolidated net loss of INR 59 Cr on an operating revenue of INR 600 Cr in FY24

SaaS startup Capillary Technologies has received approval from its board to raise INR 2,250 Cr (around $263 Mn)…



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Capillary Technologies Gets Board Nod For INR 2,250 Cr IPO


SUMMARY

AI-based SaaS startup Capillary Technologies plans to raise INR 500 Cr through fresh issuance of shares and INR 1,750 Cr via an offer for sale (OFS) component

This comes months after Inc42 reported in January that Capillary was looking to file its draft red herring prospectus (DRHP) with SEBI by June 2025

Capillary reported a consolidated net loss of INR 59 Cr on an operating revenue of INR 600 Cr in FY24

SaaS startup Capillary Technologies has received approval from its board to raise INR 2,250 Cr (around $263 Mn)…



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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