IPO-bound Meesho raises $550 million from Tiger Global, Peak XV, others: Report

IPO-bound e-commerce company Meesho has secured $250-$270 million in new financing, with Tiger Global, Think Investments and Mars Growth Capital joining the ongoing funding round at a valuation of $3.9-4 billion, The Economic Times reported on Monday citing sources. This brings the total raised to approximately $550 million, with the majority being secondary transactions.

Existing investors Peak XV and WestBridge Capital are also participating in the round.