neutral
Capillary Technologies files draft papers to raise capital for cloud expansion
Capillary Technologies India submitted its draft red herring prospectus seeking to raise approximately ₹345 crore through a mix of fresh issue and offer for sale. Management noted that a significant portion of the proceeds will be directed toward strengthening the company’s cloud infrastructure, enhancing R&D capacity and funding strategic growth opportunities.
The SaaS provider, which serves enterprise clients across retail and loyalty management, aims to accelerate international expansion. Market observers say the filing comes amid rising investor interest in domestic software firms despite selective sentiment in broader IPO markets.
Related:
neutral
Capillary Technologies files draft papers to raise capital for cloud expansion
Capillary Technologies India submitted its draft red herring prospectus seeking to raise approximately ₹345 crore through a mix of fresh issue and offer for sale. Management noted that a significant portion of the proceeds will be directed toward strengthening the company’s cloud infrastructure, enhancing R&D capacity and funding strategic growth opportunities.
The SaaS provider, which serves enterprise clients across retail and loyalty management, aims to accelerate international expansion. Market observers say the filing comes amid rising investor interest in domestic software firms despite selective sentiment in broader IPO markets.
Related:
1 min read
88 words
Capillary Technologies filed IPO documents to raise about ₹345 crore, primarily to expand cloud capabilities, strengthen R&D and support strategic growth.
Capillary Technologies India submitted its draft red herring prospectus seeking to raise approximately ₹345 crore through a mix of fresh issue and offer for sale. Management noted that a significant portion of the proceeds will be directed toward strengthening the company’s cloud infrastructure, enhancing R&D capacity and funding strategic growth opportunities.
The SaaS provider, which serves enterprise clients across retail and loyalty management, aims to accelerate international expansion. Market observers say the filing comes amid rising investor interest in domestic software firms despite selective sentiment in broader IPO markets.
Capillary Technologies India submitted its draft red herring prospectus seeking to raise approximately ₹345 crore through a mix of fresh issue and offer for sale. Management noted that a significant portion of the proceeds will be directed toward strengthening the company’s cloud infrastructure, enhancing R&D capacity and funding strategic growth opportunities.
The SaaS provider, which serves enterprise clients across retail and loyalty management, aims to accelerate international expansion. Market observers say the filing comes amid rising investor interest in domestic software firms despite selective sentiment in broader IPO markets.
Companies:
Capillary Technologies
Tags:
Capillary Technologies
IPO
Capillary Technologies
IPO
SaaS
cloud infrastructure
Related: