Seshasaai Technologies to raise INR 600-crore

Seshasaai Technologies (STL), a leading technology-driven multi-location solutions provider, has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to launch an Initial Public Offering (IPO). The move aims to raise funds for capacity expansion and debt reduction as the company looks to capitalise on its market leadership in the BFSI sector.