IPO Objectives
1. Expenditure towards cloud and server related infrastructure of our Company;
2. Salary expenditure towards the technology and product development teams of our Company;
3. Expenditure towards marketing initiatives by our Company;
4. Expenditure towards lease payments for existing properties of our Company and our wholly ownedSubsidiary, TIB;
5. Investment in our wholly owned Subsidiary, TIB, for funding its working capital requirements; and
6. Funding inorganic growth through unidentified acquisitions and strategic initiatives and generalcorporate purposes.

