India, Oct. 27 -- 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 public
Flipkart, whose valuation is roughly 16 times higher than Meesho's, has been eyeing an IPO for the past 3-4 years, but it's Meesho that is cashing in on the momentum being seen in the stock mar...
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