AceVector Limited, the parent company of Snapdeal, Unicommerce and Stellaro Brands, has received approval from the Securities and Exchange Board of India to launch its initial public offering.
The Gurugram based company had filed its draft red herring prospectus through the confidential route in July 2025. Entrackr exclusively reported the development then.
The public issue will include a fresh issue of shares along with an offer for sale by existing investors. SoftBank, Nexus Venture Partners and cofounders Kunal Bahl and Rohit Bansal are among the…

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