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Snapdeal to shelve $152 million IPO amid tech stocks rout

Snapdeal to shelve $152 million IPO amid tech stocks rout Snapdeal filed its initial public offering (IPO) regulatory papers for approval in December 2021, a year that saw many stock market debuts and record fund raising by Indian startups. But many are delaying IPOs amid a stock market rout that has raised concerns over frothy tech valuations.

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