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The air in Bengaluru, where Capillary Technologies is headquartered, buzzes with a particular kind of energy. It’s the hum of anticipation, the low thrum of a city on the cusp of something new. For Capillary, that ‘something new’ is a debut on D-Street, the Indian stock market.
Reports indicate the SaaS startup, founded in 2012, is gearing up for an IPO, aiming to make its mark by the end of this financial year. The exact date remains unconfirmed, of course, but the whispers are getting louder, the preparations more visible.
It’s interesting to consider the path of a company like Capillary. From a small team, building software solutions in the bustling startup ecosystem of Bengaluru, to the potential for public listing. The journey, by all accounts, has been significant.
The company, as per reports, provides customer engagement and loyalty solutions. They work with major brands, helping them understand and interact with their customers. It’s a crowded field, but Capillary has carved out a niche.
One can only imagine the work that has gone into this – the long hours, the strategic pivots, the constant striving. The company has raised a significant amount of funding over the years, and now, it seems, they are ready to take the next step.
The stock market is a different beast altogether, though. It demands a different level of scrutiny, a different kind of performance. Still, the company seems prepared, or at least, preparing.
An official statement from the company, as reported by Inc42, indicated their excitement about this next phase of growth. They seem confident in their ability to navigate the complexities of the public market.
The end of this year, or maybe the start of next, will tell the tale. D-Street awaits.
