Meesho Shows Signs Of Turnaround

Just a few years ago, the idea of Meesho, an ecommerce marketplace targeting India’s Tier 2 and Tier 3 cities, outpacing Flipkart to the IPO line would have been laughed away. But that’s exactly what is playing out. 

Vidit Aatrey-led Meesho is set for an INR 6,000 Cr IPO (by most estimates), making it one of India’s largest tech listings in the past year.

The potential listing — still some way away — will be a defining moment for India’s new-age ecommerce ecosystem, as it becomes the first horizontal B2C marketplace to go…