Tag: meesho
India allows FDI in ecomm inventory model for exports
NEW DELHI: India on Thursday eased its FDI policy to allow foreign direct investment in the inventory-based model of ecommerce exclusively for export purposes, in…
Elevation Capital closes $500 million India fund; to back startups building on AI’s app layer
Paytm and Swiggy investor Elevation Capital has raised a $500 million fund to back early-stage startups, betting that the next generation of AI-led companies will…
Tech IPOs find stable ground in India’s deepening markets: B Capital
India’s IPO pricing for venture-backed companies has stabilised in recent times as the market has got deeper, propped up by domestic mutual funds, according to…
Where are the unicorns of 2021
Synopsis In 2021, India witnessed a surge of 39 startups achieving unicorn status. Following a period of easy funding, these companies, including Cred and Meesho,…
Young, loss-making startups keep OFS portion lean as investor scrutiny grows
Young, loss-making startups preparing for initial public offerings (IPOs) are increasingly keeping the fresh issue component large to fund their growth plans as investors grow…
Startup investors cash out nearly Rs 18,000 crore after IPO lock-ins end
Top global investors, including SoftBank and KKR, have sold shares worth nearly Rs 18,000 crore in new-age companies, such as Groww and Lenskart, that went…
SoftBank books 7x returns as Lenskart emerges top India bet
SoftBank has clocked about 7x returns from a partial stake sale in Lenskart, making the eyewear retailer one of the Japanese investor’s strongest shows in…
Listed new-age companies use AI to tune their daily ops engine
Artificial intelligence (AI) is moving into everyday operating functions of India’s listed new-age companies, with latest earnings disclosures from Nykaa, Lenskart, Delhivery and Meesho showing…
Flipkart revamps Shopsy to take on Meesho & Bazaar
Quick commerce platforms may have intensified the competition in India’s largest cities, but they do not yet match Flipkart’s reach across smaller markets, said its…
Meesho to infuse up to Rs 100 crore in lending arm MPPL
E-commerce firm Meesho on Wednesday said its board has approved an investment of up to Rs 100 crore in its subsidiary Meesho Payments Private Limited…