AceVector to launch an IPO on September 25 and pursue a valuation of Rs 1,741 crore
According to The Economic Times Tech, AceVector is raising Rs 287 crore in fresh capital through an IPO, while investors including SoftBank, Nexus Venture Partners and Foxconn are selling Rs 133 crore worth of shares via the offer-for-sale component. The report outlines the funding split between new money and secondary sale.
Key facts
- 01AceVector is raising Rs 287 crore in fresh capital through the IPO.
- 02Investors SoftBank, Nexus Venture Partners and Foxconn are selling Rs 133 crore worth of shares through the offer-for-sale component.
- 03The sale is part of the IPO process, involving a mix of new capital and secondary share sale.
AI-generated from the sources below. Always check the originals.
How each country tells it
So far our sources show coverage from one country. Perspectives appear once we find reports from a second country.
Sources
Summaries are AI-generated from the linked sources and may contain errors; always check the originals. We summarise and link; we never republish articles. Photos come from openly licensed libraries, official publicity material and brand logos, credited to their sources. If you own an image and want it credited differently or removed, email info@coda.news and we will act promptly.
- Snapdeal parent AceVector’s IPO opens for subscription: Key things to know · The Economic Times Tech
- Snapdeal parent AceVector to launch IPO on September 25, seeks Rs 1,741-crore valuation · The Economic Times Tech