"Meesho Files for ₹4,250 Crore IPO to Empower Small Businesses in India"
"Meesho, India's leading online marketplace for small businesses and entrepreneurs, has filed an Updated Draft Red Herring Prospectus for a proposed Initial Public Offering (IPO) worth ₹4,250 crore. The IPO includes a fresh issue and an offer for sale by shareholders such as Peak XV Partners and Y Combinator Continuity. Shardul Amarchand Mangaldas & Co is advising Meesho, while Khaitan & Co is advising the lead managers for the IPO. Meesho aims to empower users to start their own online stores without upfront investment."