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Retrieved on: 2018-01-17 16:33:12
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<div>... of 13.45 million shares by existing venture capital investors. Newgen will utilize the proceeds from the fresh issue for the furnishing of its office premises in Noida, near New Delhi. Venture capital investors selling their stakes in the Newgen IPO include <b>IDG Ventures</b>, SAP Ventures and Ascent Capital.</div>
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