Archive · 3 Jul 2025
Meesho Files for IPO to Raise Rs 4,250 Crore
Meesho, an online shopping company, is planning to sell shares to the public for the first time (IPO) to get money.
They want to raise a lot of money, about 4,250 crore rupees.
Meesho is already a big deal, the third-biggest online store in India.
They started by helping people sell things through apps like WhatsApp.
Instead of selling expensive items, they focus on things that are affordable for people in smaller towns and villages.
Many other tech companies are also planning to do the same, hoping to get a lot of money from investors.
Meesho, an e-commerce company, has filed for an IPO to raise Rs 4,250 crore.
The company's valuation was $3.9 billion as of March 2024.
Meesho joins other startups in filing for IPOs, aiming to raise a combined Rs 18,000 crore.
Meesho is India’s third-largest online retail platform by gross merchandise value (GMV).
The company targets price-sensitive consumers in Tier 2, Tier 3, and rural regions.
- Who
- Meesho, an e-commerce company.
- What
- Meesho filed for an IPO.
- When
- Recently, the company filed its draft red herring prospectus.
- Where
- In India.
- Why
- To raise Rs 4,250 crore through an initial public offering.
- Company
- Meesho
- IPO Amount
- Rs 4,250 crore
- Valuation (March 2024)
- $3.9 billion
- Market Position
- India's third-largest online retail platform by GMV
- Founded
- 2015