Investors placed bids for 221 crore shares against the 27.79 crore shares on offer as Meesho joins a long list of series of tech IPOs capitalising on a thriving primary market.
The e-commerce platform came under fire for selling t-shirts with Bishnoi’s photos as several social media users slammed it for ‘promoting gang culture’.
The funding round was led by South Africa’s Naspers Ltd. and also included Sequoia, Shunwei Capital, Venture Highway and Arun Sarin, the former CEO of Vodafone.
LPG scarcity, rising costs & disrupted exports push families to chulhas & workers to their home states. Industry insiders say it’s not a full-blown crisis yet, but the impact is widespread.
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