Incorporated in 1998, Net Avenue Technologies Limited is engaged in online digital direct-to-consumer business for Indian Ethnic wear and accessories. The company also has presence in International cross-border e-commerce direct-to-consumer for its products. The product range includes Indian ethnic wear and accessories for women, men, teens and kids.
The company’s core business sells Indian Ethnic wear and accessories, primarily catering to the South Asian Diaspora, a segment they reach through their website and mobile applications. Furthermore, they extend their reach by distributing their products through various prominent E-commerce platforms, including but not limited to Myntra, Nykaa, and Ajio, among others.
Net Avenue Technologies Limited Forging Limited is set to debut its initial public offering (IPO). The proceeds generated from the Fresh Issue will be allocated towards the following objectives:
1.Customer Acquisition - Marketing & Awareness
2. Funding Working Capital Requirement
3. General Corporate Purpose
4. To Meet the Issue Expenses
You can now apply for the Net Avenue Technologies Limited IPO on Upstox. Click here.