Meesho targets ₹5,421 crore IPO to fund cloud, AI and brand growth
The e-commerce platform’s proposed issue includes a ₹4,250 crore fresh issue and an offer for sale of up to 10.55 crore shares. Meesho plans to deploy proceeds toward cloud infrastructure, AI and technology talent, marketing and strategic initiatives through FY29.
Indian e-commerce platform Meesho is preparing a Rs 5,421 crore IPO, combining a Rs 4,250 crore fresh issue with an OFS. Proceeds will fund cloud infrastructure, AI and technology staffing, marketing, and acquisitions through FY29.
Why this matters
The proposed IPO follows Meesho's reported ₹202 crore all-cash Kirana Club acquisition tied to a June 2026 B2B push and a recent Q1 revenue-growth update, extending its investment and expansion narrative.
retail-company is accelerating, up 1,062,700% QoQ.