Meesho Prepares for IPO, Engages with Banks for Syndication

Meesho is set to meet with banks to form an IPO syndicate as part of its preparations for a potential listing in 2026. The e-commerce platform recently secured $550 million in funding, valuing it at $3.9-4 billion. Meesho plans to file its draft IPO papers in the second half of 2025, contingent on NCLT approval for its domicile shift. This strategic move aligns with a trend among Indian startups shifting their base to India for domestic listings. Meesho's IPO could mark a significant milestone for horizontal e-commerce companies in India.

 

Source: Economic Times