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MEESHO REVERSE FLIP
I never wanted to be a VC: Harshita Arora on why she joined YC as its youngest general partnerHarshita Arora, 24, makes history as Y Combinator's youngest general partner. She initially joined as a visiting partner, finding her calli...- 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...
- Razorpay eyes IPO; Sarvam's $1.5 billion leapHappy Monday! Razorpay is planning an IPO at a lower valuation than its $7.5 billion peak. This and more in today's ETtech Morning Dispatch.
- Flipkart expands Hemant Badri’s role to drive AI agendaFlipkart is appointing Hemant Badri to lead its AI initiatives, focusing on identifying and operationalising AI uses across the company. Th...
- Exclusive: IPO-bound Flipkart completes reverse flip; shifts domicile from Singapore to IndiaFlipkart has completed its reverse flip, moving its domicile from Singapore back to India after receiving approvals, including from the NCL...
- Ecommerce firm Meesho to launch IPO on December 3; aims to raise Rs 4,250-crore via fresh issueThe company's maiden public offering will conclude on December 5, and anchor investors will be allocated shares on December 2, according to...
- SoftBank changes India gears; Meesho’s homecomingHappy Tuesday! SoftBank is looking to acquire IT-enabled services firms in India. This and more in today’s ETtech Morning Dispatch.
- Meesho completes India flip; PayU's mixed FY25Meesho has completed its reverse flip from the US to India. This and more in today’s ETtech Top 5.
- 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 secures NCLT approval for reverse flip; faces $280-300 million tax outgo in the USMeesho, like fellow Y Combinator-backed startups Groww and Razorpay, was incorporated in the US to simplify access to global capital. Howev...
- Reverse flipping by Indian startups gathers steam: Here’s all you need to knowBetter listing prospects and easier legal formalities are seeing many Indian startups change domicile to India from overseas. Here's a look...
- Iron out ‘reverse flipping’ kinks: Startups tell govtStartup Policy Forum (SPF), an industry group representing over 50 new-age companies, in a communication to the Ministry of Corporate Affai...
- 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 closes $550 million round; moves NCLT to shift domicileMeesho is now aiming to file the draft IPO papers in the second half of 2025 and a potential listing in 2026, contingent on the speed of NC...
- 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...
- Kreditbee, Khatabook's domicile shift likely to pave way for IPOsValued at $700 million, Kreditbee flipping base to India will set the stage for a domestic initial public offering by the company — the key...
- 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 ...
- Groww moves domicile to India from the USIncreasing number of large startups across sectors looking to shift from US, Singapore
- Startups ‘reverse flip’: Pine Labs, Zepto, Meesho in queue for India returnStartups such as Pine Labs, Zepto, Meesho are the latest new-age companies looking to move headquarters to India. However, Indian-origin co...
- 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 ...
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