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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
The ecommerce platform will be hard-pressed to justify its estimated $7-8 billion valuation—up nearly 2x from just 10 months ago—at a time of ho-hum growth and flagging profitability.
Last week, Meesho filed its updated draft red herring prospectus with the Securities and Exchange Board of India for an estimated Rs 5,800-6,600 crore IPO, aiming to join the likes of listed consumption sector unicorns such as Eternal, Nykaa and Swiggy.
The ecommerce platform, founded in 2015 by IIT Delhi graduates Vidit Aatrey and Sanjeev Barnwal, is targeting a December 2025 or early 2026 listing.
The company, which began as a social commerce experiment, has since morphed into one of India’s largest ecommerce platforms, claiming a 29-31% share of ecommerce shipments (excluding hyperlocal orders) in FY25—the highest among peers.
Now …
The region seems to be hyper-focused on boosting investor confidence in different markets; PIF’s new loan.
A new partnership between the two investment giants; Dubai Investments Park opens for subscription; and fears of war, once again.
The contrasting approaches are driven by two very different strategies. One wants to capture more markets; the other is focused on discipline and profits.
