SoftBank stays put as Meesho $606 million IPO becomes India’s first major e-commerce listing | TechCrunch

Meeshoan Indian e-commerce rival to Flipkart, owned by Amazon and Walmart, is about to launch a roughly $606 million initial public offering marked by token sell-offs by early backers and no sales by big names like SoftBank and Prosus. The decade-old startup plans to price its shares at ₹105-111 each, raising ₹42.50 billion (about $475 […]

Rs 1,020 crore salary! Meesho IPO hands Elevation, Peak XV and founders rapid returns of up to 5,00,000%

Early backers of Meesho are eyeing blockbuster exits in the IPO for-sale offering, with paper profits running into hundreds of crores and robust return multiples at the price of Rs 111 per share. The e-commerce company’s shareholders, including Elevation Capital, Peak XV Partners and Y Combinator, are collectively selling 10.38 crore shares in the OFS.Based […]

AI-powered fintech platform GoodScore raises $13 million in Series A funding led by Peak XV Partners

GoodScore allows users to manage their credit status through personalized, AI-powered insights and expert guidance, helping them improve their credit scores and manage their loans | Photo credit: Andrii Yalanskyi; iStockphoto GoodScore, a Bengaluru-based AI-powered fintech platform, has raised $13 million in Series A funding, led by Peak XV Partners, with participation from existing investors […]