As it gets ready for its much awaited stock market debut next month, Meesho, the rapidly expanding e-commerce firm, is apparently in advanced talks for a pre-IPO placement.
Meesho intends to fortify its balance sheet and acquire robust institutional participation prior to its IPO, given the growing demand from investors for profitable, high-growth consumer internet firms.
It is anticipated that the pre-IPO financing will assist the startup in building momentum prior to going public, optimizing valuation, and lowering dilution pressure upon listing.