What is Meesho's target valuation for its IPO?

Meesho is seeking a valuation of approximately 530 billion rupees ($6 billion) for its IPO.

When is Meesho planning to launch its IPO?

The Indian e-commerce platform plans to launch its initial public offering in the first half of December.

Who is in talks with Meesho for a pre-IPO placement?

Meesho is in discussions with SBI Funds Management Ltd. for a pre-IPO placement.

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Meesho Eyes $6 Billion Valuation for IPO

22 Nov

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Summary

Meesho plans to launch its IPO in the first half of December.
The e-commerce platform seeks a valuation of about 530 billion rupees.
SBI Funds Management is in talks for a pre-IPO placement.

Meesho Eyes $6 Billion Valuation for IPO

Indian e-commerce giant Meesho Ltd. is gearing up for a significant market debut. The company is targeting the first half of December for its initial public offering (IPO), signaling strong growth ambitions.

Meesho aims to achieve a valuation of around 530 billion rupees, which translates to approximately $6 billion. This valuation underscores the company's significant presence and potential in the competitive Indian e-commerce landscape.

Further preparations include talks with SBI Funds Management Ltd. for a pre-IPO placement. Such a placement could impact the overall size of the planned IPO, which is estimated to be around 60 billion rupees.

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