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Source: SEBI
Fresh-issue proceeds only — the offer-for-sale portion goes to selling shareholders.
| Purpose | Amount | Pages |
|---|---|---|
| Expenditure towards customer acquisition, retention brand and business promotion initiatives | ₹3,550.00 million | — |
| Investment in technology development initiatives, cloud infrastructure services and IT assets | ₹940.00 million | — |
| Investment in office infrastructure | ₹380.00 million | — |
The net proceeds from the offer will be allocated towards customer acquisition (₹3,550.00 million), technology development (₹940.00 million), and office infrastructure (₹380.00 million). A portion may also be used for general corporate purposes, not exceeding 25% of the gross proceeds.