Analytics firm Course5 files draft paper for IPO

Course5 focuses on helping organisations drive digital transformation using AI and analytics.

Advertisement

Course5 Intelligence Ltd, a data analytics and insights company, has filed preliminary documents with SEBI to raise Rs 600 crore through an initial public offering.

According to the draft red herring prospectus (DRHP), the IPO comprises a fresh issue of equity shares aggregating up to Rs 300 crore and an Offer For Sale of equity shares aggregating up to Rs 300 crore.

THE BELAMY

Sign up for your weekly dose of what's up in emerging technology.

Course5 Intelligence is also considering a pre-IPO placement aggregating up to Rs 60 crore; the fresh issue size will also be reduced if the placement is completed.

The company intends to use the proceeds towards funding growth initiatives, working capital requirements, supporting product and IP initiatives, expanding geographical footprint, and general corporate purposes.

Course5 focuses on helping organisations drive digital transformation using AI and analytics. The digital, marketing and customer analytics company claims to have a deep understanding of the omnichannel customer journey.

Course5 Intelligence’s clients include Lenovo, Colgate-Palmolive Company, American Regent, Inc. and the National Bank of Fujairah PJSC. 

Also read: In Conversation With Course5’s Ashwin Mittal On Why An AI-Led Approach Will Drive The Next Phase Of Growth

 

 

More Great AIM Stories

Poornima Nataraj
Poornima Nataraj has worked in the mainstream media as a journalist for 12 years, she is always eager to learn anything new and evolving. Witnessing a revolution in the world of Analytics, she thinks she is in the right place at the right time.

Our Upcoming Events

Conference, in-person (Bangalore)
MachineCon 2022
24th Jun

Conference, Virtual
Deep Learning DevCon 2022
30th Jul

Conference, in-person (Bangalore)
Cypher 2022
21-23rd Sep

3 Ways to Join our Community

Discord Server

Stay Connected with a larger ecosystem of data science and ML Professionals

Telegram Channel

Discover special offers, top stories, upcoming events, and more.

Subscribe to our newsletter

Get the latest updates from AIM
MORE FROM AIM