Interview
Value-focused e-commerce company’s shares popped 46% on listing last week
Vidit Aatrey, co-founder and CEO ofe-commerce marketplace platformer Meesho, attends its IPO announcement news conference in Mumbai on Nov. 28. © Reuters
SOUMYAJIT SAHA
December 16, 2025 12:12 JST
MUMBAI — On Dec. 9, just days after Meesho, a homegrown e-commerce platform focused on selling low-cost, unbranded products went public in a 54 billion-rupee ($603-million) IPO, listed food delivery and quick commerce company Swiggy launched a qualified institutional placement (QIP) to raise roughly double that amount from the Indian stock market.
