Get ready, India’s tech world is buzzing! Capillary Technologies, the Bengaluru-based AI-driven customer engagement powerhouse, just greenlit a jaw-dropping Rs 2,250 crore IPO that could change the game
Get ready, India’s tech world is buzzing! Capillary Technologies, the Bengaluru-based AI-driven customer engagement powerhouse, just greenlit a jaw-dropping Rs 2,250 crore IPO that could change the game for the entire SaaS industry. But what does this mean for investors, competitors, and the future of Indian tech?
This isn’t just another IPO — it’s a massive move from one of India’s hottest enterprise SaaS startups. Capillary’s board just gave the thumbs-up to launch the public offering, targeting over $260 million to fuel explosive growth.
With fresh shares worth Rs 500 crore and existing investors ready to sell Rs 1,750 crore, this is set to be one of the biggest tech IPOs in recent years.
Remember when Capillary called off its IPO in 2021? Market jitters crushed their plans back then. But now, with the tech sector booming and AI solutions in high demand, Capillary is back — and bigger than ever.
This time, they’re aiming to file their draft red herring prospectus (DRHP) with SEBI by June 2025 and could be publicly listed before the year’s halfway mark.
Here’s the juicy part: major backers like Warburg Pincus, Peak XV Partners, and American Express Ventures are set to partially cash out, selling shares worth Rs 1,750 crore. This means these big names are ready to reap some serious profits — but it also signals strong confidence in Capillary’s future.
The fresh Rs 500 crore will turbocharge Capillary’s growth, helping them scale operations, invest in next-gen AI, and expand globally. For investors, this IPO could be a golden opportunity to get in early on a rising star.
For India’s enterprise SaaS market, Capillary’s IPO could be the spark that lights a new era of tech innovation and investment.
Capillary Technologies is gearing up to make waves with this massive IPO. Whether you’re an investor, tech enthusiast, or just curious about India’s booming SaaS industry, this story is one to watch closely.
