Meesho Prepares for a High-Value IPO Amid Strong Market Momentum

Meesho targets a $5.6 billion valuation in its December IPO, raising fresh funds for technology and infrastructure while existing investors scale back planned share sales.

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Meesho Prepares for a High-Value IPO Amid Strong Market Momentum

Meesho Prepares for a High-Value IPO Amid Strong Market Momentum
Indian e-commerce platform Meesho is gearing up for its upcoming IPO with a valuation target of about $5.6 billion, signaling its intent to scale further in a market led by Amazon and Flipkart. The company has set a price band of 105–111 rupees per share for the three-day issue beginning December 3, with anchor bidding starting on December 2. Meesho aims to raise roughly 54 billion rupees, combining new share issuance with a reduced sale from existing investors, while SoftBank retains its holdings. 
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