SoftBank Stays In As Meesho $606M IPO Becomes India’s First Major E-Commerce Listing
Meesho IPO headlines India’s e-commerce boom as SoftBank holds firm and the startup targets a $5.6B valuation.
Matilda
SoftBank Stays In As Meesho $606M IPO Becomes India’s First Major E-Commerce Listing
Meesho IPO Signals Big Investor Confidence in India’s E-Commerce Boom Meesho’s long-awaited IPO has officially become one of India’s most-watched tech listings, and searches around “Meesho IPO details,” “Meesho valuation,” and “SoftBank Meesho stake” have surged as the company prepares for its market debut. Within the first announcement, Meesho confirmed it’s targeting roughly $606 million in proceeds — positioning the listing as India’s first major horizontal e-commerce IPO. The move comes at a time when many global tech investors are exiting public offerings, yet Meesho’s backers appear unusually optimistic. With SoftBank, Prosus, and Fidelity choosing not to sell any shares, the message is clear: despite global tech uncertainty, India’s online retail sector is still drawing strong conviction. Credits : Google Meesho Aims for a $5.6B Valuation With Fresh Capital Raise The ten-year-old startup plans to price shares between ₹105 and ₹111, factoring in a raise of ₹42.50 billion (approximat…
