Rs 1,020 crore paycheck! Meesho IPO hands Elevation, Peak XV and founders meteoric returns of up to 5,00,000%

Synopsis
Early investors in Meesho, including Elevation Capital, Peak XV and Y Combinator, are set for major gains in the IPO’s offer-for-sale as they sell 10.38 crore shares at ₹111 each. Their combined initial investment of about ₹131 crore has gro…

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