Meesho hits a rough patch with down round concerns
The Bengaluru-based e-commerce startup is stuck between rapidly scaling the business and wanting a better valuation.
24 August, 2022•10 min
0
24 August, 2022•10 min
0
More in Internet
Internet
SoftBank exits major InMobi stake in $250 million buyback deal
Ahead of the planned IPO, InMobi founders have bought back more than 30% of the company from the Japanese investment giant, raising their stake to around 60%.
You may also like
Internet
FabHotels pivoted to corporate travel for survival. Can it grow?
The challenges of running a budget hotel chain in India forced the decade-old company to quietly shift its focus to a travel management platform for corporate travellers. Now it must face challenges of another kind.
Business
Can Meesho’s value-commerce playbook pass the IPO test?
The ecommerce platform will be hard-pressed to justify its estimated $7-8 billion valuation—up nearly 2x from just 10 months ago—at a time of ho-hum growth and flagging profitability.
Business
Infra.Market is a hamster wheel looking at a make-or-break IPO
The construction material supply firm’s scale and profitability may appear shiny, but hide a stark truth. Its use of equity to fund working capital is playing with fire when bigger fish are eyeing its business.
