Digital-commerce player AceVector has filed an updated DRHP with SEBI, laying out plans to raise ₹300 crore through a fresh issue, complemented by an OFS of 63.87 million shares from existing investors. Promoters Kunal Bahl and Rohit Bansal will not sell shares, preserving their combined 34.63% stake.
SoftBank’s Starfish entity, which holds 30.68% in the company, will participate in the OFS and undertake a partial stake sale.
AceVector’s business spans three core verticals:
• Snapdeal, a major value-led marketplace,
• Unicommerce, the leading e-commerce transaction SaaS platform in India, and
• Stellaro Brands, focused on building omnichannel consumer brands.
The company said the fresh capital will be deployed toward strengthening its marketplace technology, increasing marketing spends, and funding acquisitions across India’s expanding e-commerce value chain. AceVector emphasised its history of strategic acquisitions, including Unicommerce and Shipway, and its intent to continue pursuing M&A-led expansion.
The updated DRHP cites strong industry tailwinds, with India’s e-commerce market projected to grow nearly 20% annually over the next five years, supported by rising internet access, digital payments, and increasing online shopping behaviour in Tier-II and Tier-III cities.
