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Fidelity cuts Meta-backed Meesho valuation to $3.5 billion

Fidelity cuts Meta-backed Meesho valuation to $3.5 billion

TechCrunch Startup News · TechCrunch

January 31, 20243m 27s

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Show Notes

Fidelity has cut the value of its holding in Meesho by 33.6% since the original investment, giving the Indian social commerce startup a valuation of $3.5 billion, adjusted for outstanding shares.

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