CAM advises Acevector Ltd. on its Pre-IPO funding round through issuance of equity shares on private placement basis

CAM advises Acevector on Pre-IPO funding

Cyril Amarchand Mangaldas advised Acevector Limited, formerly known as Snapdeal Limited (the “Company“), in relation to its Pre-IPO funding round through the issuance of securities to multiple subscribers on a private placement basis, for a cash consideration.

The Company is engaged in operating an asset-light digital commerce ecosystem, encompassing data, technology, and AI-driven businesses, a value-focused e-commerce marketplace, e-commerce enablement software-as-a-service solutions, and consumer brands.

Mohit Gogia, Partner; with assistance from Anisha Dash, Principal Associate; and Swathi Kathi, Associate; advised on the overall transaction.

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