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Snapdeal parent AceVector files red herring prospectus; cuts IPO size

T1Covered by 1 source · first reported by Economic Times — Tech / Technology / Startups / ETTelecom at

The company is expected to announce its price band on September 22. AceVector now plans to raise Rs 287 crore in fresh capital against Rs 300 crore earlier. The size of its offer-for-sale component, which will see investors including SoftBank, Nexus Venture Partners, Foxconn and others trim their…

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