Meesho, a prominent Indian e-commerce company, is set to launch a significant public offering of $660 million, with major investors like SoftBank and Prosus holding onto their shares. This move highlights the growing potential of Indias online shopping market, despite global tech investors selling out of their stakes in other companies. Meesho, founded in 2015, started as a social commerce platform and has since grown into a full marketplace, focusing on affordable products for Indias price-sensitive customers and small businesses. The company reported 234.2 million active shoppers and 706,000 active sellers in the past year, demonstrating its wide reach and strong engagement. Investors like Mohit Bhatnagar from Peak XV Partners are confident in Meeshos long-term potential, as they believe Indians will increasingly buy more items on the platform over the next ten years.

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