E-commerce platform Meesho has filed updated draft papers for an initial public offering, outlining plans to raise Rs 4,250 crore through fresh equity and a major secondary share sale by existing investors.

The offer includes the sale of up to 175.7 million shares by early backers such as Elevation Capital, Peak XV Partners, Venture Highway, and Y Combinator. Promoters Vidit Aatrey and Sanjeev Barnwal will also offload part of their holdings as part of the offer for sale (OFS). Advertisement

This filing marks a significant step as Meesho transitions toward a public listing. The company has not disclosed a price band yet, which will ultimately determine the IPO's total valuation and size.

Aatrey and Barnwal join a growing list of Indian startup founders opting to be formally designated

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