Meesho (PC:MEESH), the SoftBank (SFTBY)-backed e-commerce startup, is gearing up for one of the most anticipated public offerings in India’s tech sector this year. The company plans to raise as much as $605 million through a mix of fresh share issuance and an offer-for-sale by existing investors, Bloomberg reported.
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The offering is expected to open on December 3, 2025, and close on December 5, 2025, valuing the company at as much as $5.9 billion.
Indian banks, Kotak Mahindra and Axis Bank, along with local units of JPMorgan (JPM), Morgan Stanley (MS), and Citigroup (C), are advising on the IPO.
Meesho Expands Reach
Meesho has built a strong presence in India’s e-commerce market with its zero-commission, low-cost model. The platform has grown quickly, especially in social commerce, where people resell products through WhatsApp and other apps.
Its IPO comes as competition heats up, with Flipkart and Amazon (AMZN) investing heavily in logistics and technology. Meesho is expected to use the funds to expand operations, improve tech systems, and attract more customers.
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