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MEESHO IPO 2023
SoftBank snags Rs 2,873 crore from Lenskart stake sale, clocking 7x returnSVF II Lightbulb Cayman, a SoftBank affiliate, sold 5.65 crore shares, or 3.25%, in Lenskart for Rs 2,873 crore through a block deal on Wed...- Why foreign investors are exiting Nifty giants to hunt in India's small and midcap marketForeign institutional investors are shifting their focus from India's top blue-chip stocks to a wider array of mid- and small-cap companies...
- Razorpay set for confidential IPO filing; valuation may fall to around $5 billionThe fintech startup, last valued at $7.5 billion, is expected to be questioned on growth sustainability and the road to profitability; Walm...
- Indian tech startups' funding declines 18% to $11.7 billion in FY26: TracxnIndian tech startups raised USD 11.7 billion in FY 2025-26, an 18% drop from the previous year. Despite this, early-stage funding saw a 33%...
- Meesho shares plunge 10% on Rs 1,500 crore tax demand; down 44% from Dec highShares of Meesho fell 10% to hit the lower circuit after the company revealed a Rs 1,500-crore tax demand from the Income Tax Department, n...
- Meesho's Q3 losses jump 13X on logistics network expansion, higher growth spendingMeesho’s net loss surged 13 times to Rs 491 crore for Q3, driven by the expansion of its logistics arm Valmo and customer acquisition costs...
- Meesho senior executive Megha Agarwal resignsMegha Agarwal, general manager-business, Meesho has quit the ecommerce marketplace, according to a stock exchange filing. Agarwal, who repo...
- SoftBank-backed Meesho set to seek up to $605 million via IPOIndian e-commerce firm Meesho, known for its low-priced offerings, is set to raise $606 million through an IPO to expand into smaller towns...
- Rentomojo changes name from Edunetwork Private Limited ahead of IPORentomojo was founded in 2014 when several other furniture rental startups had come up. While many of its rivals have either shut down or g...
- Banks rule UPI rails; Bizongo under scannerHappy Friday! A small group of banks quietly control most of the money received through UPI. This and more in today's ETtech Morning Dispat...
- Delhivery to acquire Ecom Express in a cut-price deal for Rs 1,407 crorePE firms Warburg Pincus, Partners Group, and British International Investment will fully exit their investments in Ecom Express through the...
- Meesho's order spike; Zomato takes a dipMeesho's order volumes increased in the nine months ending December 2024, per its annual report. This and more in today's ETtech Top 5.
- Meesho’s early backers eye new secondaries at $3-3.5 billion valuationNorwest Venture Partners, WestBridge Capital are among entities said to be in talks to pick up stake in ecommerce firm Meesho. The developm...
- More startups India-bound, map ‘reverse flip’Pine Labs and Udaan are the latest to plan shifting their holding companies to India with an eye on the long term. They join several other ...
- More startups want to ‘flip’ back to India; SoftBank’s returns from listed firmsStartups are moving their overseas holding entities to India ahead of their forthcoming public listings, especially in the fintech sector w...
- Meesho says logged first monthly profit after tax in JulyIn a statement on Monday, the Bengaluru-based firm, which is backed by SoftBank and Meta, said that it has seen its order volumes surge by ...
- CXOs log out of unicorns to start up own venturesA large number of top executives have moved from unicorns to Series A and B firms or even down the chain in recent months – a move that ref...
- Inside Meesho’s reset: to cut cash burn, brace for slower growthExperts say a key challenge for Meesho to continue growing while reducing burn will arise from its customer profile, noting that they are n...
- 2022 Year in Review: Ecommerce sector faces a post-Covid testFrom a constant tussle between Flipkart and Amazon for the numero uno spot and new launches fuel the race to delayed IPOs and regulatory co...
- Facebook-backed Meesho targets early 2023 for IPOThe Bengaluru-based social commerce platform is working to be ready for a listing by the end of 2022 and is evaluating both Indian and US e...
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