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Mumbai EdTech Giant Makes History with First-Ever GIFT IFSC Equity IPO Filing in Gujarat
Mumbai EdTech Giant Makes History with First-Ever GIFT IFSC Equity IPO Filing in Gujarat
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Breaking ground—or just cashing in? A Mumbai-based education player just dropped its DRHP for what could be the first equity IPO at Gujarat’s GIFT IFSC. Because nothing screams ‘innovation’ like traditional finance cosplaying as progress.
Why this matters: The IFSC’s been hungry for a win, and this move might just give it the credibility boost it’s been chasing—or expose it as another tax-haven gimmick. Either way, grab the popcorn.
The punchline? Watch how fast ‘strategic fundraising’ turns into ‘exit liquidity’ for early backers. Classic.
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