{"id":416891,"date":"2025-06-12T11:37:42","date_gmt":"2025-06-12T06:07:42","guid":{"rendered":"https:\/\/zerodha.com\/z-connect\/?p=416891"},"modified":"2025-06-12T12:06:25","modified_gmt":"2025-06-12T06:36:25","slug":"softbank-backed-meesho-set-to-file-ipo-papers-soon","status":"publish","type":"post","link":"https:\/\/zerodha.com\/z-connect\/news\/softbank-backed-meesho-set-to-file-ipo-papers-soon","title":{"rendered":"Softbank backed Meesho set to file IPO papers soon"},"content":{"rendered":"

Ecommerce platform, Meesho, is getting ready to submit a confidential IPO application in Mumbai in the coming weeks. Moving its headquarters from Delaware USA to India can be considered a necessary step in the process. The estimated IPO issue size for Meesho is $700 to $800 million. <\/span><\/p>\n

Despite difficult market conditions, the Softbank backed startup kept up its growth momentum, reaching about 175 million transacting users in 2024 – a 25% increase from the 140 million users in 2023.\u00a0 A 70% yearly increase in orders across categories like Beauty and Personal Care and Home and Kitchen is primarily attributable to increased consumer demand and the growing e-commerce penetration in tier 2 and smaller towns.<\/span><\/p>\n

By 2027, Meesho hopes to grow its seller base to 10 million small businesses, a ten-fold increase.<\/span><\/p>\n

For detailed information on this IPO, click here<\/a>.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"

Ecommerce platform, Meesho, is getting ready to submit a confidential IPO application in Mumbai in the coming weeks. Moving its headquarters from Delaware USA to India can be considered a necessary step in the process. The estimated IPO issue size for Meesho is $700 to $800 million. Despite difficult market conditions, the Softbank backed startup […]<\/p>\n","protected":false},"author":176551,"featured_media":415594,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1152],"tags":[755,276],"class_list":["post-416891","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-ipo","tag-news"],"yoast_head":"\nSoftbank backed Meesho set to file IPO papers soon – Z-Connect by Zerodha<\/title>\n<meta name=\"description\" content=\"Ecommerce platform, Meesho, is getting ready to submit a confidential IPO application in Mumbai in the coming weeks. 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