E-commerce app Meesho is getting ready to go public!
Shareholders have said yes to raising ₹4,250 crore through an IPO. The plan includes fresh shares and shares sold by current investors. Also, co-founder Vidit Aatrey is now officially the chairman and MD. To make this move smoother, Meesho also shifted its base from the US to India.
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Shareholders cleared the IPO plan on June 25
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US-based Meesho Inc. is now merged with its Indian unit
👉 Why this matters: This IPO shows how Indian startups are growing up and going global—without leaving home.
🔗 Source: Mint
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