Meesho Files Updated DRHP, To Raise INR 4,250 Cr Via Fresh Issue

The Softbank-backed giant’s public offer will also comprise an OFS component of 17.56 Cr shares, which will see participation from Elevation Capital, Peak XV Partners and the founders

Ahead of filing its red herring prospectus (RHP), the startup also plans to raise up to INR 850 Cr as part of a pre-IPO placement round

Meesho’s operating revenue rose 23% YoY to INR 9,389 Cr in FY25, while losses bloated nearly 12X YoY to INR 3,914.7 Cr, primarily due to tax liabilities related to…