Social commerce marketplace Meesho is looking to finalise a location and build a compliance framework by the end of this month, for its public offering planned in the first half of next year, The Indian Express reports, citing people with knowledge of the matter. The Facebook and Softbank-backed company is contemplating choosing from either a public listing in India or a SPAC-listing in the US.
Meesho is aiming to be “IPO-ready” by the end of 2022. The company also hired former JP Morgan executive Dhiresh Bansal as its chief financial officer to guide it through the listing process. Read more.
