Meesho Shows Signs Of Turnaround

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Just a few years ago, the idea of Meesho, an ecommerce marketplace targeting India’s Tier 2 and Tier 3 cities, outpacing Flipkart to the IPO line would have been laughed away. But that’s exactly what is playing out. 

Vidit Aatrey-led Meesho is set for an INR 6,000 Cr IPO (by most estimates), making it one of India’s largest tech listings in the past year.

The potential listing — still some way away — will be a defining moment for India’s new-age ecommerce ecosystem, as it becomes the first horizontal B2C marketplace to go…



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Meesho Shows Signs Of Turnaround


Just a few years ago, the idea of Meesho, an ecommerce marketplace targeting India’s Tier 2 and Tier 3 cities, outpacing Flipkart to the IPO line would have been laughed away. But that’s exactly what is playing out. 

Vidit Aatrey-led Meesho is set for an INR 6,000 Cr IPO (by most estimates), making it one of India’s largest tech listings in the past year.

The potential listing — still some way away — will be a defining moment for India’s new-age ecommerce ecosystem, as it becomes the first horizontal B2C marketplace to go…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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