Snapdeal parent AceVector raises Rs 189 crore from anchors; Negen, Singularity among top investors

September 24, 2026

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.

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