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Cloud‑services firm files IPO draft for ₹500 crore to tap growth in enterprise services
On 18 November 2025, a cloud‑migration and managed‑services company filed its draft red‑herring prospectus (DRHP) for an IPO of up to ₹500 crore. The firm services hospitals, research institutes and biopharma clients across India and Southeast Asia, positioning itself in a niche but fast‑growing market. Analysts said the issue could draw interest from healthcare‑tech and enterprise‑services funds, though broader market sentiment remains cautious.
The company plans to use proceeds to scale sequencing infrastructure and expand across Asia, emphasising recurring revenues as a listing strength.
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positive
Cloud‑services firm files IPO draft for ₹500 crore to tap growth in enterprise services
On 18 November 2025, a cloud‑migration and managed‑services company filed its draft red‑herring prospectus (DRHP) for an IPO of up to ₹500 crore. The firm services hospitals, research institutes and biopharma clients across India and Southeast Asia, positioning itself in a niche but fast‑growing market. Analysts said the issue could draw interest from healthcare‑tech and enterprise‑services funds, though broader market sentiment remains cautious.
The company plans to use proceeds to scale sequencing infrastructure and expand across Asia, emphasising recurring revenues as a listing strength.
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Explore:Mutual Fund AI Screening
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Cloud‑services firm files IPO draft for ₹500 crore to tap growth in enterprise services
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A cloud‑services enterprise filed its DRHP on 18 Nov for a ₹500 crore IPO targeting enterprise & healthcare sectors across India and SE Asia.
On 18 November 2025, a cloud‑migration and managed‑services company filed its draft red‑herring prospectus (DRHP) for an IPO of up to ₹500 crore. The firm services hospitals, research institutes and biopharma clients across India and Southeast Asia, positioning itself in a niche but fast‑growing market. Analysts said the issue could draw interest from healthcare‑tech and enterprise‑services funds, though broader market sentiment remains cautious.
The company plans to use proceeds to scale sequencing infrastructure and expand across Asia, emphasising recurring revenues as a listing strength.
On 18 November 2025, a cloud‑migration and managed‑services company filed its draft red‑herring prospectus (DRHP) for an IPO of up to ₹500 crore. The firm services hospitals, research institutes and biopharma clients across India and Southeast Asia, positioning itself in a niche but fast‑growing market. Analysts said the issue could draw interest from healthcare‑tech and enterprise‑services funds, though broader market sentiment remains cautious.
The company plans to use proceeds to scale sequencing infrastructure and expand across Asia, emphasising recurring revenues as a listing strength.
Companies:
MedGenome
Tags:
ipo
cloud services
ipo
cloud services
enterprise software
DRHP
fundraising
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