SoftBank-backed digital-commerce ecosystem AceVector Limited has filed updated draft IPO papers with SEBI, proposing to raise ₹300 crore through a fresh issue, along with an Offer for Sale (OFS) of up to 63.87 million shares by existing shareholders. AceVector’s promoters and founders Kunal Bahl and Rohit Bansal, who together hold a 34.63 per cent stake, will not participate in the OFS.  This comprises Bahl’s individual shareholding of about 12.42 per cent, Bansal’s individual shareholding of about 11.14 per cent and an additional 11.07 per cent held through their jointly owned entity, B2 Professional Services LLP. Promoter SoftBank’s entity Starfish, which owns 30.68 per cent stake in the company, will be divesting a part of its stake. Gurugram-based AceVector is a digital commerce ecosystem comprising (i) value focused lifestyle e-commerce marketplace, Snapdeal (ii) e-commerce enablement SaaS platform, Unicommerce, and (iii) omnichannel consumer brands business, Stellaro Brands. AceVector’s marketplace business, Snapdeal is among the top two pure-play value marketplace platforms in India. Unicommerce is the largest e-commerce enablement SaaS platform in the transaction processing layer in India and Stellaro Brands is focused on incubating and scaling consumer brands. The filing notes that these three businesses, while strategically aligned, operate independently with diversified revenue streams and distinct market focus areas across large and fast-growing segments of India’s e-commerce sector.