Searched for
MEESHO SECONDARY TRANSACTION
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...- Meesho files confidential prospectus for its IPOEcommerce platform Meesho has filed a draft red herring prospectus with Sebi for its upcoming IPO, aiming to raise about Rs 4,250 crore ($5...
- Meesho gets shareholder nod to raise Rs 4,250 crore via IPOMeesho, which completed its domicile shift from the US to India last week, will file its draft IPO prospectus under Sebi’s confidential rou...
- Meesho concludes reverse flip process; likely to file DRHP in 2–3 weeksSoftBank-backed Meesho has completed its reverse flip, moving its domicile to India and becoming a fully Indian company. The board approved...
- Meesho’s reverse flip may conclude this week; likely to file IPO papers this month, say sourcesThe Bengaluru-based ecommerce marketplace is eyeing a $700-800 million IPO, but the issue size and the timelines could change depending on ...
- IPO-bound Meesho to change Indian parent entity’s name from Fashnear TechnologiesMeesho’s board has approved renaming its Indian entity, Fashnear Technologies Pvt Ltd, to Meesho Pvt Ltd, aligning corporate and brand iden...
- Meesho recorded 34% year-on-year order growth in April-December 2024: Annual reportDuring FY24, Meesho reported a 33% jump in operating revenue at Rs 7,615 crore, while narrowing its adjusted loss by 97% to Rs 53 crore and...
- Meesho launches GenAI-powered voice bot to provide 24x7 customer supportThe voice bot, rolled out last month, handles about 60,000 calls per day. It has slashed the cost per call by 75%, halved the average handl...
- Meesho FY24 revenue jumps 33% to Rs 7,615 crore, Esop adjusted loss at Rs 53 croreAccording to Meesho, its financial improvement was primarily driven by growth in annual transacting users and increased order frequency amo...
- Meesho closes $275 million funding in first tranche, in talks for moreMeesho secures $275M funding in a $600M round. Share transfers hinted in SEC filing. In total, Meesho has raised $1.36 billion – including ...
- Meesho kicks off Rs 200-crore Esop buybackBoth current and former employees can participate in the buyback programme, its largest to date. Meesho said it had conducted similar buyba...
- Meesho’s secondary deal; tech VCs line up for consumer brandsPeak XV Partners and Tiger Global are among investors aiming for a stake in ecommerce firm Meesho via secondary deals. More details in a pa...
- Meesho in talks for secondary deal with Peak XV, Tiger Global at $3.5-3.9 billion valuationSome of Meesho's angel investors and other early backers may sell shares worth around $200 million, people in the know told ET. The transac...
- 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’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...
- Venture Highway sells off its stake in Meesho to WestBridgeVenture Highway first invested in Meesho in 2015. The exit comes just days after Venture Highway co-founder Samir Sood stepped down as a pa...
- WestBridge Capital to pick up secondary stake in Meesho at around $3 billionThe Indian fund which has backed companies like Freshworks, Dealshare and PhysicsWallah is in talks to pick up about 2% stake in Meesho.
- Govt rules out review of egaming GST notices; WestBridge to buy secondary stake in MeeshoOnline gaming firms aren’t getting any immediate relief from their Goods and Services Tax (GST) woes, as tax notices stand on firm legal gr...
- Swiggy and Meesho offer their staff new Esops buyback optionSeveral companies including Flipkart, Urban Company, Unacademy, Moglix, Oyo, and Razorpay have gone in for stock buybacks in the recent pas...
Load More
