22 May, 2025

Unicommerce files draft IPO papers; SoftBank, AceVector, B2 Capital to sell 29.8 million shares

Gurugram-based ecommerce SaaS firm Unicommerce Esolutions Ltd has filed a draft red herring prospectus (DRHP) for its initial public offering (IPO). Through the offering, its shareholders – AceVector Group, B2 Capital and SoftBank – are together offloading 29.8 million shares. Unicommerce Esolutions is not raising any fresh capital through the IPO. Elevate Your Tech Prowess […]

2 mins read

MobiKwik to raise Rs 880 crore via fresh issue through IPO

The board of digital payments and financial services company, MobiKwik has passed a resolution to raise Rs 880 crore via a fresh issue of shares through a public listing. This is Gurugram-based MobiKwik’s second attempt towards an initial public offering (IPO) after it abandoned its listing plans on account of weak market conditions. Elevate Your […]

2 mins read

FirstCry parent files draft IPO papers: Six key takeaways

Brainbees Solutions, the parent firm of omnichannel retailer FirstCry, filed its draft red herring prospectus (DRHP) on Thursday to raise Rs 1,816 crore through the issue of fresh shares, along with an offer for sale of more than 54 million shares. This will make FirstCry only the second Indian vertical ecommerce company to go public […]

3 mins read

Peak XV Partners-backed office sharing startup Awfis files IPO papers

Peak XV Partners-backed Awfis Space Solutions has filed its draft red herring prospectus ( DRHP) with the markets regulator Securities and Exchange Board of India (Sebi) for an initial public offering (IPO).The company will issue fresh shares worth Rs 160 crore, in addition to an offer-for-sale (OFS) component of over 1 crore shares. Elevate Your […]

1 min read