CosmicTaco

Meesho Pioneers IPO in Horizontal E-Commerce

CosmicTaco · 2025-07-06T12:13:43.839318+05:30

- Meesho has filed confidentially for an IPO, aiming to raise $500 million in primary capital, with a total size of $1 billion. - As the first major horizontal e-commerce company going public, Meesho competes with giants like Amazon and Flipkart. - The company has reported significant growth, with 1.3 billion orders and 187 million users in 2024. - A board reshuffle gives more control to larger stakeholders, with new members joining from influential backgrounds. - Recent funding rounds have bolstered Meesho's valuation, with plans to use funds for tax payments in its redomiciling process. Source: [The Arc](https://www.thearcweb.com/article/meesho-softbank-ecommerce-ipo-vidit-aatrey-BraLdXQHcRr0W6Zb)

Meesho has filed confidentially for an IPO, aiming to raise $500 million in primary capital, with a total size of $1 billion.
As the first major horizontal e-commerce company going public, Meesho competes with giants like Amazon and Flipkart.
The company has reported significant growth, with 1.3 billion orders and 187 million users in 2024.
A board reshuffle gives more control to larger stakeholders, with new members joining from influential backgrounds.
Recent funding rounds have bolstered Meesho's valuation, with plans to use funds for tax payments in its redomiciling process.

Source: The Arc