Whalesbook
AceVector Limited, the parent company of Snapdeal, Unicommerce, and Stellaro Brands, has received approval from the Securities and Exchange Board of India (SEBI) for its Initial Public Offering (IPO). The offering will include a fresh issue of shares and an offer for sale by existing investors, including major shareholders like SoftBank and co-founders Kunal Bahl and Rohit Bansal.