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 […]

Meesho files updated IPO papers with Sebi; eyes Rs 4,250 crore new sales as profit increase

Meesho has filed an updated draft Red Herring prospectus with capital markets regulator Sebi for an initial public offering. The Bengaluru-based e-commerce company, known for democratizing internet commerce for millions of small merchants and consumers, plans to raise Rs 4,250 crore through a fresh issue, besides an offer for sale (OFS) of up to 17.56 […]