Thursday, 8 October 2026
Venture Intelligence News

Public Market IPO

Mobile phones seller SS Retail gets Sebi’s nod for Rs.500-Cr IPO Fintech and enterprise tech firm Pa

Source Economic Times (opens in a new tab)

Mumbai-headquartered fintech and enterprise technology firm Paramotor Digital Technology has confidentially filed draft papers with the Securities and Exchange Board of India (Sebi) for a proposed initial public offering.Founded in 2016 and led by Sonia Asher andRahul Anand, Paramotor operates a diversified ecosystem spanning fintech, enterprise technology, and digital commerce. The company's portfolio includes SpendPro, a prepaid card-based spend management platform, and RewardOn, an enterprise-focused rewards and loyalty management solution. Additionally, it operates yayyy.shop, a digital gifting marketplace, and DevStack, a vertical dedicated to customised software applications and digital platform development.

Company website ↗ (opens in a new tab)