AceVector Limited has taken a fresh step toward its public market debut, filing updated draft IPO documents with SEBI. The company aims to raise ₹300 crore through a fresh issue, supported by an OFS of 63.87 million shares from existing investors.
Founders Kunal Bahl and Rohit Bansal will not sell shares in the IPO, maintaining their combined 34.63% stake. SoftBank’s Starfish, holding 30.68%, will offload part of its investment.
The Gurugram-based company’s portfolio includes the marketplace Snapdeal, SaaS platform Unicommerce, and omnichannel venture Stellaro Brands. Each operates independently but contributes to a diversified digital-commerce ecosystem.
AceVector said the IPO proceeds will help strengthen Snapdeal’s technology backbone, expand marketing initiatives, and fund inorganic growth through strategic acquisitions. The company also highlighted its role in scaling Unicommerce, which saw a blockbuster IPO in 2024.
India’s e-commerce industry is expected to grow at 19.6% CAGR over the next five years, creating a more than US$234 billion market by FY2030—providing a favourable environment for digital-first companies looking to list.
