Meesho Eyes IPO Launch After 29% Revenue Jump

Meesho, the India‑based social e‑commerce platform backed by SoftBank and other investors, said its revenue surged 29.4% in the first half of fiscal 2026 to ₹55,780 crore (US$623 million), while losses narrowed by 72.1% to ₹7,000 crore. The firm plans a three‑day share sale beginning December 3 and aims for a public listing around December 10 with a valuation of up to US$5.6 billion, targeting expansion in AI, logistics and fintech services.