Meesho plans to launch IPO in 12-18 months

Indian e-commerce startup Meesho is planning to launch its initial public offering (IPO) in the next 12 to 18 months, CFO Dhiresh Bansal said. "We feel...the growth, scale and profitability are there [for an IPO]," he added. "Since we just turned from negative to positive...we intend to continue the profitability trajectory," Bansal said as Meesho posted its first-ever profit.

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