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Fintech unicorn Moneyview has cut its IPO fresh issue by 50% to ₹750 Cr after SEBI approval, signaling a more cautious approach in the current market. The offer-for-sale component was also trimmed to 10.04 Cr shares from 13.6 Cr, with major investors like Tiger Global, Accel, and Ribbit Capital reducing their sell-down. The company will use ₹325 Cr to grow loan disbursals and ₹250 Cr to capitalize its NBFC subsidiary.
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