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IPO
Meesho knocks IPO door for payment of salaries
Markets
Meesho’s Rs 5,421-cr IPO to open on December 3
Ecommerce
Meesho Sees 35% Order Growth In 2024; Users Up By 25% To 175 Mn
E-commerce platform Meesho clocks Rs 53 crore loss in FY24
Meesho Reduces Adjusted Losses by 97% to Rs 53 Crore in FY24
Technology
Social commerce platform Meesho raises $275 million
Meesho initiates largest ESOP buyback programme
Fidelity further marks down Meesho valuation to $3.5 bn
Fidelity cuts valuation of Pine Labs, Meesho
US-based investment firm Fidelity cuts valuation of Pine Labs, Meesho
Meesho reduces losses to Rs 1,675 cr in FY23, revenue up 77%
Economy
75k sellers on Meesho hit double digit growth