Fidelity Investments slashes Meesho's valuation by 10% to $4.4 billion
The investment firm owns around 33,000 shares of Meesho through the Fidelity Central Investment Portfolio Fund
Source: businesstoday.in
Stay updated with breaking news from E Commerce Unicorn. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The investment firm owns around 33,000 shares of Meesho through the Fidelity Central Investment Portfolio Fund
With this, the total funding raised by the ecommerce unicorn in convertible notes and debt stands at $300 million, the company’s Chief Financial Officer, Aditya Pande wrote in an email.