XED Executive Development Launches India's First IPO from GIFT City IFSC

XED Executive Development launched India's first IPO from GIFT City's International Financial Services Centre on March 16, 2026, offering a $12 million issue to global investors including NRIs and foreign portfolio investors. The IPO, delayed due to geopolitical tensions, will list on NSE International Exchange and India International Exchange at GIFT City. XED aims to leverage this milestone to expand internationally and reach $100 million in revenue within 3-5 years.