Meesho m-cap tops Rs 1 lakh cr in seven sessions after its listing

E-commerce platform Meesho's market capitalization surged past ₹1 lakh crore within seven sessions of its listing, closing Thursday at ₹234 per share. This significant growth, up 37% since its December 10th debut, is attributed to its focus on Tier 2 and 3 city consumers and a robust, asset-light business model generating positive cash flows.