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AceVector, the parent company of Snapdeal, plans to launch an IPO. The company has submitted draft papers to Sebi. AceVector also operates Unicommerce and Stellar Brands. Unicommerce became a public company in 2024. AceVector has opted for confidential pre-filing. This allows flexibility in IPO plans. Several other companies have also chosen this route. The pre-filing route offers greater flexibility. AceVector, parent company of e-commerce marketplace Snapdeal, has confidentially filed draft p ...Read More >
New Delhi, Feb 5 (PTI) Unicorns and startups on Wednesday met OpenAI CEO Sam Altman and discussed ways to lower the cost of AI model and data sovereignty. Paytm CEO Vijay Shekhar Sharma said during the discussion, apart from lowering cost of AI, there was an understanding seen among industry players that there should be a sovereign AI model for India and data should be kept within the country's boundary. When asked about the change that he has seen during this second visit of Altman to India, ...Read More >
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