Meesho’s IPO opens today amidst strong investor interest, driven by a significant grey market premium and positive analyst outlook. The e-commerce giant, a leader in Tier-2 and Tier-3 India, is capitalizing on the shift towards value purchases. Despite current losses, its rapid user growth and improving operational efficiencies are fueling optimism for future profitability.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets