Indian E-Commerce Startup Meesho Attains Inaugural Profit Milestone, Eyes IPO in 12-18 Months

Three points you will get to know in this article: On August 7th, in Bengaluru, there was significant news from Indian e-commerce startup Meesho. For the very first time, the company has recorded a profit, marking a significant milestone. During an interview, a senior executive of the company revealed their ambitious plan: to become publicly listed on the stock market…

Flipkart to Invest $20 Million in New In-House Credit Marketplace Startup

Three points you will get to know in this article: Flipkart, the prominent e-commerce giant, is earmarking approximately $15-20 million to support the development of an in-house credit marketplace startup led by its senior executive, Prakash Sikaria. This information has been confirmed by multiple sources familiar with the situation. Prakash Sikaria, a Senior Vice President within the company, previously responsible…

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