Why Snapdeal backed Unicommerce is going for an IPO?

In 2015, Snapdeal acquired Unicommerce and in a span of 2 years, Unicommerce became profitable. The company essentially solves the "transaction processing layer" between logistics players & fronted distribution of an e-commerce business. With D2C growth through the roof, Unicommerce worked on the right insights to build a defensible SaaS play.