<ul><li>SaaS startup Capillary Technologies has received board approval to raise INR 2,250 Cr through an IPO.</li><li>The IPO will include INR 500 Cr through fresh share issuance and INR 1,750 Cr via offer for sale.</li><li>Capillary Technologies plans to file its draft red herring prospectus with SEBI by June to raise $200 Mn.</li><li>The company, founded in 2008, provides customer engagement software and closed its Series D round at $140 Mn last year.</li></ul>

Exclusive: Capillary Technologies Gets Board Nod For INR 2,250 Cr IPO

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