28/6/2025, 9:56:02 pm

Meesho shareholders approve Rs 4,250 crore primary fundraise via IPO

Meesho's shareholders approved a Rs 4,250 crore ($500 million) primary capital raise through an IPO, with plans to file its DRHP soon. The company aims to raise Rs 8,500 crore ($1 billion) in total. Vidit Aatrey was named chairman, MD, and CEO. Investors SoftBank and Prosus exited the board, while Elevation Capital and Peak XV Partners retained their seats.