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Snapdeal’s parent company, AceVector, is set to file for a ₹500 crore IPO, marking a major moment in India’s tech startup space this year. But this isn’t just another cash-out—most of the issue will be fresh shares, fueling bold expansion. AceVector isn’t just Snapdeal. It also includes Unicommerce (SaaS enabler) and Stellaro Brands (fashion labels like Rangita and Urban Mark), forming a full-stack ecommerce ecosystem built for Bharat. With over 80% of Snapdeal’s orders coming from Tier 2 and 3 cities, AceVector is doubling down on middle-market India. Backed by SoftBank and Nexus, and with CLSA and IIFL leading the IPO, this is one to watch.

The Smartworks IPO opened on July 10, 2025, drawing just 17% subscription on Day 1 — a lukewarm debut for India’s leading coworking space provider. Smartworks, one of India’s leading flexible workspace providers, is launching its IPO at a time when demand for hybrid office solutions is on the rise.
Just 17% of the issue was subscribed by midday, signaling a tepid response from investors. With nearly ₹600 crore on the line, the IPO is a mix of fresh equity worth ₹445 crore and an offer-for-sale of 33.79 lakh shares. The company priced the share sale between ₹387 and ₹407, hoping the proceeds would help them expand and clean up their balance sheet.

Nykaa shares dropped nearly 5% after a ₹1,210 crore block deal involving early investor Harindarpal Singh Banga. The move sparked concerns over insider exits, despite the company’s strong Q4 showing with a threefold rise in profit and 25% growth in beauty sales. As Nykaa pushes into fast delivery and fashion, questions remain—passing cloud or early signs of change?