IPO by next year
Meesho is aiming to go public in early 2023, a media report said. The Bengaluru-based social commerce platform is working to be ready for a listing by the end of 2022. Meesho will file documents by Jan next year and be done with the IPO by the first half of 2023, a media report said.
Wide collection of products
In September, Meesho raised $570 million at a valuation of $4.9 billion in a Series F funding round. Resellers on the company’s platform offer a variety of unbranded products. Users can resell products from the supplier marketplace for a profit margin, largely through WhatsApp, Facebook and Instagram. Meesho had 17.8 million monthly transactions on its platform as of September.
