The company aims to use the proceeds from the fresh issue for investment in Scootsy, for repayment or its borrowings, expansion of dark store network for quick commerce segment through setting up of dark stores and making lease / licence payments for dark stores
$20 billion of IPOs per year a new normal for India: JP Morgan
Initial public offerings worth USD 20 billion per annum are the “new normal” for India and will become an annualised run rate over the next