Meesho secures shareholder approval for ₹4,250 crore IPO
Meesho, the Bengaluru-based e-commerce platform, just got shareholder approval to launch a ₹4,250 crore ($500 million) IPO. This comes right after their big move from the US back to India.
Up next: Meesho plans to quietly file its draft papers with SEBI and officially kick off its journey toward going public.
Meesho on track to become India's 1st horizontal e-commerce player
The IPO will include both new shares and some being sold by early investors like Elevation Capital, Peak XV Partners, and Prosus.
Meesho is also boosting its employee stock options to 7.5 million shares—which is great news for their team.
With a huge 37% growth and over 1.8 billion orders in FY25 alone, Meesho is on track to become the first horizontal e-commerce player listed on Indian exchanges—putting it right up there with giants like Flipkart (who are also eyeing an IPO soon).