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. The U.S. asset manager valued its holding in Meesho at $27.8 million at December’s end, down from the $41.9 million that it invested in […]
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https://techcrunch.com/2024/01/29/fidelity-cuts-india-meesho-valuation-to-3-5-billion/