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Meesho Launches India's Historic E-commerce IPO

Meesho Launches India's Historic E-commerce IPO
Meesho, the e-commerce rival to Amazon and Flipkart, launched India’s first major e-commerce listing with a $606 million Initial Public Offering (IPO). The public offering involved token sell-downs by early investors but notably excluded sales from major backers like SoftBank and Prosus. This decision signals strong investor confidence in India's expanding online retail market, even amid a challenging tech environment.
Read full story at TechCrunch

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