ReferIndia News Snapdeal parent AceVector files updated DRHP for D

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Snapdeal parent AceVector files updated DRHP for D

Published on: Dec. 7, 2025, 7:06 a.m. | Source: The Economic Times

AceVector said that it plans to use the proceeds from the fresh issue for marketing and business promotion, building technology infrastructure of the marketplace business Snapdeal and for inorganic growth through acquisitions and general corporate purposes. As per the document, the company plans to raise up to Rs 300 crore through a fresh issue and an offer for sale of up to 6.38 crore equity shares.

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