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Snapdeal’s parent organization files draft papers with SEBI to raise funds through IPO

19 Jul 2025 Evaluate

Snapdeal’s parent organization -- AceVector has confidentially filed draft papers with Securities and Exchange Board of India (SEBI) to raise funds through an initial public offering (IPO). In this regard, AceVector has submitted the pre-filed draft red herring prospectus with Sebi and the stock exchanges.

Apart from Snapdeal, the Gurugram-based AceVector also operates software-as-a-service (SaaS) platform Unicommerce, and consumer brand building firm Stellar Brands. 

Snapdeal (formerly Jasper Infotech) is India’s Ultimate Online Shopping Site Snapdeal’s vision is to create India’s most reliable and frictionless commerce ecosystem that creates life-changing experiences for buyers and sellers.

Peers
Company Name CMP
Eternal 255.90
Meesho 196.50
Swiggy 280.00
FSN E-Commerce 272.40
Brainbees Solutions 239.75
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MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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