<ul><li>Meesho, the e-commerce platform based in Bengaluru, has converted into a public limited company in preparation for a potential IPO.</li><li>The company's transition to a public entity involves renaming from “Meesho Private Limited” to “Meesho Limited”, reflecting its IPO readiness as stated in regulatory filings.</li><li>Meesho, with a 37% share of total e-commerce orders in 2024, despite 8.5% of GMV, is anticipating sustained growth with an estimated 26% compound annual growth rate over six years.</li><li>Key steps for Meesho's IPO readiness include appointing merchant bankers and reporting a 33% revenue increase to Rs 7,615 crore in FY24, along with significant reduction in adjusted losses to Rs 53 crore.</li></ul>

E-commerce unicorn Meesho converts into public entity as it prepares for IPO

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