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3AI mulls IPO on BSE SME Exchange; to raise ₹25 cr
Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek > Economy > 3AI Plans ₹25 Crore IPO on BSE SME Exchange
Economy

3AI Plans ₹25 Crore IPO on BSE SME Exchange

September 19, 2025 2 Min Read
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3AI, a platform focused on AI and the GCC ecosystem, along with its consultancy services division, has announced its intentions to list on the BSE SME Exchange for an initial public offering (IPO). According to Sameer Dhanrajani, the CEO of 3AI, this will mark the first AI platform to enter the SME exchange in India.

The company aims to raise ₹25 crore, with plans to retain any surplus obtained from oversubscriptions through the green shoe option. The funds from the IPO will be allocated towards expanding operations, which includes enhancing the team and establishing a regional presence in tier-2 cities across the country. Additionally, part of the proceeds will support 3AI’s international growth, particularly in the UAE, Saudi Arabia, Europe, and the Asia-Pacific region.

To facilitate this expansion, 3AI plans to recruit over 300 new employees within the next three years for its operations in India and overseas. The platform currently boasts 50,000 paid members across 34 countries, which includes 1,500 AI and GCC leaders from approximately 400 GCCs and 600 organizations. Operationally profitable for the past four years, the company currently has a workforce of about 122 individuals.

“The platform serves as an ecosystem very focused on AI and GCCs, bringing together different stakeholders,” Dhanrajani stated. In addition to being a platform, 3AI functions as a marketplace through its GCC1 service, which acts as a consultancy, connecting GCCs with select partners to meet business needs such as acquiring new talent, solutions, or capabilities.

Published on September 19, 2025

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