Meesho Garners ₹2,439 Crore From Anchor Investors Ahead Of IPO, SBI Mutual Fund, & BlackRock Take The Lead
Published on: Dec. 3, 2025, 10:27 a.m. | Source: Free Press Journal
SoftBank-backed e-commerce firm Meesho on Tuesday said it has garnered a little over Rs 2,439 crore from anchor investors, including SBI Mutual Fund, Fidelity Funds, and BlackRock, ahead of its initial public offering (IPO) opening for subscription. Meesho plans to utilise proceeds for investment in cloud infrastructure, marketing and brand initiatives, as well as funding inorganic growth.
