Meesho IPO, Nov. 29 -- The initial public offering (IPO) of SoftBank-backed e-commerce platform Meesho is set to open next week. Meesho is a multi-sided technology platform driving e-commerce in India by bringing together four key stakeholders, namely consumers, sellers, logistics partners and content creators. It emerged as India's largest in terms of number of placed orders and annual transacting users among e-commerce players in India in the last 12 months period ended September 30.

In FY25, Meesho connected over 5 lakh transacting sellers with 199 million annual transacting users, facilitating 1.8 billion placed orders. The company's Net Merchandise Value (NMV) grew 29% year-on-year to Rs.29,988 crore in FY25, following 21% growth in...