E-commerce platform Meesho files updated IPO papers to raise up to ₹4,250 crore
Meesho has submitted an updated Draft Red Herring Prospectus (UDRHP) with the regulator Securities and Exchange Board of India (SEBI), seeking to raise up to ₹4,250 crore via fresh share issue and an offer-for-sale of up to 17.56 crore existing shares. The filing reveals a large portion of proceeds earmarked for cloud infrastructure, marketing growth and AI-team hiring, underscoring Meesho’s ambition to scale its technology stack ahead of its planned public listing in December 2025.
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10h ago
E-commerce platform Meesho files updated IPO papers to raise up to ₹4,250 crore
Meesho has submitted an updated Draft Red Herring Prospectus (UDRHP) with the regulator Securities and Exchange Board of India (SEBI), seeking to raise up to ₹4,250 crore via fresh share issue and an offer-for-sale of up to 17.56 crore existing shares. The filing reveals a large portion of proceeds earmarked for cloud infrastructure, marketing growth and AI-team hiring, underscoring Meesho’s ambition to scale its technology stack ahead of its planned public listing in December 2025.
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E-commerce platform Meesho files updated IPO papers to raise up to ₹4,250 crore
about 10 hours ago
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Meesho files updated IPO papers to raise ₹4,250 crore, with funds directed at tech, marketing and AI initiatives.
Meesho has submitted an updated Draft Red Herring Prospectus (UDRHP) with the regulator Securities and Exchange Board of India (SEBI), seeking to raise up to ₹4,250 crore via fresh share issue and an offer-for-sale of up to 17.56 crore existing shares. The filing reveals a large portion of proceeds earmarked for cloud infrastructure, marketing growth and AI-team hiring, underscoring Meesho’s ambition to scale its technology stack ahead of its planned public listing in December 2025.
Meesho has submitted an updated Draft Red Herring Prospectus (UDRHP) with the regulator Securities and Exchange Board of India (SEBI), seeking to raise up to ₹4,250 crore via fresh share issue and an offer-for-sale of up to 17.56 crore existing shares. The filing reveals a large portion of proceeds earmarked for cloud infrastructure, marketing growth and AI-team hiring, underscoring Meesho’s ambition to scale its technology stack ahead of its planned public listing in December 2025.