Summary: Meesho, an Indian e-commerce platform, surged 54% in its debut on the Mumbai stock exchange following a US$603 million IPO. The strong performance, one of the best among Indian IPOs this year, comes amid a rush of tech startups seeking funding. Meesho, which connects small manufacturers with consumers, plans to use the proceeds to expand into smaller towns.

Link: https://www.theedgesingapore.com/news/india/meesho-surges-54-debut-after-us603-mil-india-ipo