Meesho gets shareholder nod to raise Rs 4,250 crore via IPO

Meesho, which completed its domicile shift from the US to India last week, will file its draft IPO prospectus under Sebi’s confidential route, the documents show. Investors Elevation Capital, Peak XV Partners and Prosus are among the largest institutional shareholders in Meesho, owning 13-15% stake each. Japanese investor SoftBank owns close to 10% stake in the etailer focused on value retailing at lower price points.

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.

Read more at the source

Related Posts

Leave a Reply

Your email address will not be published. Required fields are marked *