4 days ago
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Paramotor Digital Technology Ltd. has confidentially filed its draught reddish herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) nether the pre-filing way toward a imaginable archetypal nationalist offering (IPO), according to a nationalist announcement issued by the company.
Founded successful 2016, Paramotor operates a diversified fintech and endeavor exertion ecosystem serving some consumers and businesses crossed India.
Its concern spans user walk management, rewards and loyalty solutions, integer gifting, and endeavor exertion services.
Its portfolio includes SpendPro, a prepaid card-based walk absorption platform; RewardOn, an endeavor rewards and loyalty absorption solution; yayyy.shop, a direct-to-consumer integer gifting marketplace; and DevStack, its endeavor exertion and bundle improvement services vertical.
The institution is led by Executive Chairperson Sonia Asher and Managing Director Rahul Anand, whose nonrecreational backgrounds span banking, payments, and accusation technology.
