ET Intelligence Group: Meesho, an e-commerce platform, plans to raise ₹4,250 crore through a fresh issue for investment in cloud infrastructure and capital expenditure. It will also raise ₹1,171.2 crore through an offer for sale. The company plans to spend ₹480 crore or over 11% of the fresh IPO proceeds to pay salaries of employees hired by its subsidiary which undertakes technology development…
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