Sunday, 7 December, 2025
Snapdeal Parent AceVector Files Updated ₹300 Crore IPO Prospectus
AceVector, the parent company of Snapdeal, filed its updated prospectus with SEBI to raise up to ₹300 crore via a fresh issue. The Initial Public Offering (IPO) also includes an offer for sale (OFS) by existing investors like SoftBank and Nexus Venture Partners. The fresh proceeds will be used for marketing, building Snapdeal's tech infrastructure, and inorganic growth.
Read full story at Economic Times