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Meesho raises $192 million from its parent company
short by Srishty Choudhury / on Friday, 30 September, 2022
Online retailer Meesho has raised $192 million from its parent company Meesho Inc. Meesho's board passed a special resolution to issue 65,12,342 equity shares to its US-based parent entity at an issue price of ₹2,408 per share. Meesho had raised $570 million in its Series F financing round in September 2021, which valued the Bengaluru-based firm at $5 billion.
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