Meesho IPO Lists at 46% Pop, Revealing the Bharat E-Commerce Growth Story in Public Markets

Meesho raised $606M in its IPO and saw shares jump 46% on listing day, giving it an ~$8.7B market cap — validated by its BharatMLStack ML platform processing 2.85 petabytes daily and a shift in CoD orders from 89% in FY23 to 72% in H1 FY26, signalling real behavioural change. For builders targeting Tier 2/3 India, this is the first major public benchmark for value-focused, low-CAC, social-commerce growth loops — and Meesho's DRHP is a masterclass in Bharat product metrics.

Source: TechCrunch ↗