Snapdeal parent AceVector seeks up to $182 million valuation in trimmed India IPO
AceVector, parent of Indian e-commerce company Snapdeal, is seeking a valuation of up to 17.41 billion rupees ($181.71 million) in a trimmed initial public offering that will open for public subscription on September 25. The company has set a price band of 30 to 32 rupees for its 4.2 billion rupee ($43.84 million) IPO.