AceVector, backed by SoftBank, has filed updated IPO papers with Sebi, aiming to raise Rs 300 crore through a fresh share issue. Existing shareholders will also sell 6.38 crore shares. Proceeds will bolster technology, marketing, and acquisitions for its e-commerce ventures, including Snapdeal. The company reported strong revenue growth and reduced losses.
AceVector, backed by SoftBank, has filed updated IPO papers with Sebi, aiming to raise Rs 300 crore through a fresh share issue. Existing shareholders will also sell 6.38 crore shares. Proceeds will bolster technology, marketing, and acquisitions for its e-commerce ventures, including Snapdeal. The company reported strong revenue growth and reduced losses.
AceVector, backed by SoftBank, has filed updated IPO papers with Sebi, aiming to raise Rs 300 crore through a fresh share issue. Existing shareholders will also sell 6.38 crore shares. Proceeds will bolster technology, marketing, and acquisitions for its e-commerce ventures, including Snapdeal. The company reported strong revenue growth and reduced losses. 
