Fidelity Investments sold a 1.3% stake in Meesho for ₹988 crore via open market transactions, with shares priced between ₹165.18-₹165.21 apiece on the NSE.
The company launched in-app brand store Meesho Mall last year to enable brands to sell directly to consumers. SoftBank-backed Meesho aims for three-fold growth in orders in the upcoming festive season ...
Meesho claimed that it ‘continues’ to remain profitable and cash flow positive since it first announced profitability in July this year The ecommerce platform witnessed an average of 72 orders per ...
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