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The venture capital firm has emerged as the largest selling shareholder in Wakefit’s and Pine Labs’ IPO as portfolio company ...
Pine Labs is set to file its draft prospectus for its IPO by June-end, while Meesho may follow suit in the coming weeks. This and more in today’s ETtech Top 5.
Meesho said that Gen Z users now account for one-third of Meesho's user base and it is rapidly emerging as the fastest-growing demographic in India's e-commerce space. "Ladakh, Uttar Pradesh, and ...
Meesho — which counts Meta, YC, Prosus, SoftBank, Elevation and Peak XV among its backers — was valued at about $4.9 billion in a round it closed in the second half of 2021.
Meesho has become India's first horizontal e-commerce firm to generate positive cash flow, marking a significant shift in a market where profitability has Meesho has become India's first ...
Sanjeev Barnwal, CTO, Meesho In the bustling landscape of Indian e-commerce, Meesho too is driving forth the narrative of innovation with cutting edge technologies. Founded by Sanjeev Barnwal, the ...
Meesho has become one of the few startups in India’s fledgling e-commerce industry to turn a profit, helped by cost cuts that included a round of recent layoffs.
Meesho CEO said, the company has enough money in the bank to keep the business running in a very healthy manner for many years. He added, the next round of funding could be through IPO.
Indian e-commerce startup Meesho has posted its first-ever profit and is targeting a stock market listing in the next 12-18 months, a senior company executive said in an interview.
Meesho announces its largest Esop buyback, worth $25 million The e-commerce company bought back shares worth $1 million in February 2020, $5 million in November 2020, and $5.5 million in October 2021.
Meesho reported notable growth as its operating scale spiked 77% year-on-year to Rs 5,735 crore in FY23 from Rs 3,240 crore in FY22, according to its financial result published on the company’s ...
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