Meesho’s IPO, Furlenco’s Revival & More

Meesho’s IPO Ahead

Indian startup IPO spring is in its full bloom, and Meesho, too, is now gearing up to park at D-Street. Notably, the ecommerce major is eyeing a listing by next month, with a target valuation of $6 Bn (INR 53,700 Cr). 

What’s Inside Meesho’s IPO Cart: The ecommerce major plans to raise INR 4,250 Cr via fresh issue, while existing investors and founders are looking to sell 17.5 Cr shares through OFS. The proceeds will fund the company’s technology expansion, marketing…