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MEESHO MANAGEMENT CHANGES
Startup investors cash out nearly Rs 18,000 crore after IPO lock-ins endTop global investors like SoftBank and KKR have cashed out nearly Rs 18,000 cr from new-age Indian companies post-listing. This marks a shi...- Kuku FM readies public market debut; SoftBank books Lenskart gainsKuku FM's parent has taken the first step towards a stock market listing. This and more in today's ETtech Top 5.
- Japan’s MUFG readies $250 million India fund as investor mix shifts in startup fundingJapan's MUFG is launching a significant $250 million fund for Indian startups. This new fund will focus on early and growth-stage companies...
- Smallcaps rally! IIFL Finance, Hindustan Copper, Meesho, other stocks jump up to 7%Smallcap stocks, including IIFL Finance, Meesho, and GRSE, surged up to 7% on Wednesday, outperforming benchmark indices. This rally occurr...
- Deeptech bets heat up; Paytm, PB Fintech, Meesho earningsHappy Thursday! VCs are doubling down on India’s deeptech, with early-stage bets leading the charge. This and more in today’s ETtech Mornin...
- Consumer company CTOs want engineers who can think, not just codeNew-age companies are prioritizing senior engineers with creativity, curiosity, and ownership as they become AI-first. Hiring for engineeri...
- Manoj Kohli joins Adobe International Advisory BoardAdobe has welcomed former SoftBank India head Manoj Kohli to its International Advisory Board. With decades of experience in telecom and te...
- Meesho shares plunge 10% in 2 days: What triggered the fall and what investors should doAs per the market data, up to 110 million shares, or about 2% of the company’s outstanding equity, became tradeable. The increase in free f...
- Meesho expanded ecomm beyond India’s top 5%, say executives, backersFounder and CEO Vidit Aatrey, reflected on the early days of ecommerce in India, noting that online shopping and buying branded fashion and...
- Meesho faces investor protest over anchor allotment to SBI FundsMeesho's anchor book faced investor withdrawals after a significant allocation to SBI Funds Management, prompting other large funds to exit...
- How small-town India gave D-St its next big IPO: The Meesho storyMeesho's upcoming IPO highlights the rise of India's digital economy, driven by small towns. The company built its success by empowering mi...
- Meesho eyes $6 billion valuation with December 3 IPO; check price bandMeesho is targeting a $6 billion valuation as it prepares for a December IPO. The e-commerce firm is also in talks with SBI Funds for a pre...
- Fidelity further marks down fair value of MeeshoA fund managed by financial services major Fidelity has further marked down the fair value of e-commerce firm Meesho, according to a monthl...
- Fidelity cuts fair value of Meesho, Pine LabsAs per the filings, Fidelity's funds have set Meesho’s fair value at around $4.1 billion as of October 31, 2023, down from around $5 billio...
- Meesho CXO Utkrishta Kumar exits to set up own ventureUtkrishta Kumar, the chief experience officer for business at ecommerce firm Meesho, has resigned after five years with the company. Kumar ...
- Venture Highway founder Samir Sood steps down as partner; Priya Mohan now managing partnerSood, who has taken the role of an advisor to assist the next generation to take charge and build the franchise further, told ET that the “...
- Meesho tightens returns process to save costs, triggers seller protestsMeesho undertook changes to its product returns policy following feedback from its third-party logistics partners, the sources added. Retur...
- Young startups fish for talent in big tech poolStriking a balance in team dynamics is, however, not easy, founders say. Vivekananda Hallekere, CEO at Bounce, said defining the skillset f...
- Meesho mops up $3.1 millions from SAIF-led investorsThe company plans to use the fresh funds to hire for its tech and business operation teams, CEO Vidit Aatrey said.
- Meesho mops up $3.1 m from SAIF-led investorsApart from Y Combinator and Venture Highway, Meesho had also raised $350,000 from some angel investors in convertible debt.
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