Meesho is setting aside Rs 480 crore from the IPO for salaries. Worrying signal or smart talent investment?

Meesho’s upcoming IPO has revealed an interesting detail as the company plans to allocate Rs 480 crore from the offer proceeds solely to paying the salaries of its AI, machine learning and technology teams. The amount is notable not only for its size, but also because it represents one of the largest single allocations for […]