Whalesbook
E-commerce giant Meesho is targeting a post-money valuation of over $6 billion (approx. INR 53,700 Cr) for its upcoming Initial Public Offering (IPO). The company has finished investor roadshows and is planning a listing in early to mid-December. Meesho aims to raise INR 4,250 Cr through fresh shares, with existing shareholders also selling a portion. Despite a significant revenue jump to INR 9,389.9 Cr in FY25, net losses surged to INR 3,914.7 Cr due to a one-time 'reverse flip' expense.