IPO: Meesho gets shareholder nod to raise Rs 4,250 crore, CEO Vidit...

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IPO: Meesho gets shareholder nod to raise Rs 4,250 crore, CEO Vidit Aatrey named MD & Chairman

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Meesho, backed by SoftBank, has received shareholder approval to raise up to Rs 4,250 crore through an initial public offering (IPO) via fresh equity shares. This decision was formalized at an Extraordinary General Meeting on June 25. Following its domicile shift from the US to India, Co-Founder and CEO Vidit Aatrey has been designated as the chairman and managing director.

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