Zomato-backed Magicpin set to join tech-IPO bandwagon
Mon, Dec 30, 2024 4:35 PM

Zomato-backed Magicpin set to join tech-IPO bandwagon

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Hyper-local e-commerce firm Magicpin, backed by investors such as Zomato and Light Speed Ventures, is planning to go public in 2025 and has initiated talks with investment banks and law firms to appoint advisors for the IPO, people aware of the matter told Moneycontrol. Magicpin allows customers to discover offline retailers in their neighborhood, across categories such as fashion, food, grocery.

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