Meesho's IPO: A Game-Changer in Indian E-commerce

Meesho, Indias e-commerce giant, is set to make waves with a massive IPO, aiming to raise six hundred six million dollars. This move signifies strong confidence in Indias booming online retail market, as big names like SoftBank and Prosus hold onto their shares. Meesho, founded in two thousand fifteen, started as a social commerce platform and has since grown into a full marketplace, appealing to Indias price-sensitive consumers and small businesses. With over two hundred thirty-four million unique users and seven hundred six thousand sellers in the last year, Meesho is poised to become the first major general e-commerce platform in India to go public, signaling a significant shift in the Indian e-commerce landscape.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.