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AceVector raises Rs 189 crore from anchor investors ahead of Snapdeal IPO

Reported by Shreya Kapoor (Senior Writer) · Economic Times - Markets ·

Unconfirmed — Reported by one source so far

Reported by one source so far

Important
AceVector raises Rs 189 crore from anchor investors ahead of Snapdeal IPORepresentative image · Wikimedia Commons

Snapdeal parent AceVector raises Rs 189 crore from anchors; Negen, Singularity among top investors. In a significant move, AceVector, the owner of Snapdeal, has successfully garnered Rs 189 crore from anchor investors for its upcoming IPO, scheduled to open on September 25 with a set price range of Rs 30-32 per share. Major allocations were made to funds like Negen Undiscovered Value Fund and Singularity Growth Opportunities Fund II. (What's moving Sensex and Nifty Track latest market news , stock tips , Budget 2025 , Share Market on Budget 2025 and expert advice , on ETMarkets . Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and

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