Meesho Gets Board Nod To Raise INR 4,250 Cr Via IPO

Meesho’s board has approved the company to raise NR 4,250 Cr via fresh issue of shares through its public listing

The board has also reappointed Meesho’s founder Vidit Aatrey as the chairman,MD and CEO of the company

Earlier this week, Meesho shifted its domicile back to India

Ecommerce giant Meesho’s board has approved raising up to INR 4,250 Cr (around $500 Mn) via a fresh issue in its initial public offering (IPO).

As per the company’s regulator filings, the…