Mumbai, Nov. 10 -- E-commerce marketplace Meesho and artificial intelligence (AI) firm Fractal Analytics are launching their public market listing between late November and early December, said three people familiar with the matter.

Fractal will launch the process for its Rs.4,900 crore ($560 million) initial public offering (IPO) in the first week of next month for a listing by mid-December, the people said, speaking on the condition of anonymity. Meesho is targeting a $800-850-million issue, spanning an offer-for-sale and a fresh issue component, at a valuation of $8-8.2 billion in the last week of November and will subsequently list early next month, the people said.

The two will join the growing list of other new-age startups, inclu...