Upcoming IPO, July 31 -- Global vertical SaaS firm Excelsoft Technologies Ltd. received the go-ahead from the Securities and Exchange Board of India (Sebi) to launch its initial public offering (IPO). The company submitted its preliminary draft papers on 28 February 2025.

The Karnataka-based Excelsoft Technologies was incorporated in 2000 as a global vertical SaaS company. Since then, it has been providing technology-based solutions across diverse learning and assessment segments through its cloud-based platforms, according to company data.

The company has 71 clients, which are spread across 17 countries, including the US, UK, India, Singapore, Australia, Japan, Malaysia, Saudi Arabia, UAE and Canada.

Pearson Education, Inc., AQA Educa...