The Headlines – Meesho moves ahead with Rs 4,250cr IPO, shareholders approve listing plan and confidential filing route

Meesho, a Bengaluru-based e-commerce marketplace, is set to launch its IPO. Shareholders have approved the plan to raise Rs 4,250 crore. The IPO will include a fresh issue of shares and an offer for sale. Vidit Aatrey is appointed as chairman, MD, and CEO. Meesho aims to be the first horizontal e-commerce company to list in India.

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