Acevector IPO | The company has approached capital markets in July this year for its IPO plans and confidentially filed DRHP with the regulator.
Two and a half years after shelving its IPO plans, the e-commerce firm founded by Kunal Bahl and Rohit Bansal is making a fresh attempt to go public — this time via Sebi’s confidential filing route
Bahl's early-stage investment fund Titan Capital has backed SaaS firms like CloudFiles, ClickPost, Invideo and Yellow.AI.
The company says it has responded to the ministry's queries and has no Chinese investor now
Snapdeal-backed Unicommerce will open its initial public offer's (IPO) anchor book on August 5 and will list on bourses on August 13th.
SEBI has increased scrutiny of IPO-bound companies, resulting in several instances where it has asked companies to reclassify members of promoter groups as promoters or asked investors holding concentrated bets to classify themselves as promoters.
So far, Titan Capital has only invested Snapdeal founders Kunal Bahl and Rohit Bansal's personal money through its existing Seed fund.
The change in strategy has helped the firm boost its revenue and in H1 of FY24, it reported an annual recurring revenue of Rs 103.74 crore
Kunal Bahl said irrespective of whether we are fluent in English or not, we should feel absolute confidence in speaking our mother tongue in business settings just like we do in social settings.
Kunal Bahl, co-founder of Snapdeal, narrated his heartwarming experience with the Gujarat Police while he was on his way back from the Vibrant Gujarat Global Summit - 2024. His post, on X, has gone viral.
Snapdeal, B2 Capital Partners and SB Investment Holdings are the entities that will participate in the offer for sale
Kohli, formerly MD and CEO of Bharti Airtel, has been expanding his scope of work and was also appointed to the board of beer company, Bira91, recently
The company saw an 86% jump in its free cash flows over the previous fiscal to Rs 14.57 crore in FY23. This helped Unicommerce absorb higher operating costs, which increased from Rs 54.4 crore in FY22 to Rs 84.1 crore in FY23