Whalesbook
E-commerce major Meesho is targeting a massive post-money valuation of approximately Rs 52,500 crore ($5.93 billion) for its much-anticipated Initial Public Offer (IPO), with plans to launch in early December. The company aims to raise Rs 4,250 crore through a fresh issue to fund cloud infrastructure, technology development, marketing, and strategic acquisitions. Key investors like Softbank and Prosus back the Bengaluru-based firm.