menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Startup News

>

Meesho Fil...
source image

Inc42

1w

read

369

img
dot

Image Credit: Inc42

Meesho Files DRHP Via Confidential Route For Up To $1 Bn IPO

  • Meesho, an ecommerce giant, has filed its DRHP via the confidential pre-filing route with markets regulator SEBI, indicating its plans to go public.
  • The company plans to offer a fresh issue of shares worth about INR 4,250 Cr, with a significant offer for sale component, potentially resulting in a total IPO size of up to $1 Bn (around INR 8,550 Cr).
  • Meesho recently received approval to raise up to INR 4,250 Cr for its public listing, and has shifted its domicile back to India.
  • Founded in 2015 by IIT alumni Vidit Aatrey and Sanjeev Barnwal, Meesho is a prominent player in the Indian ecommerce sector with notable investors including DST Partners, Tiger Global Management, and Facebook.

Read Full Article

like

22 Likes

For uninterrupted reading, download the app