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Fidelity slashes Meesho s valuation for second time in a quarter

Massachusetts-based Fidelity Investments, an asset management company that has invested in several publicly listed as well as privately held Indian companies, has slashed a valuation ..

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Meesho: Fidelity further marks down fair value of Meesho

A fund managed by financial services major Fidelity has further marked down the fair value of e-commerce firm Meesho, according to a monthly disclosure made by the fund.

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Fidelity further marks down fair value of Meesho, Retail News, ET Retail

Fidelity further marks down fair value of Meesho, Retail News, ET Retail
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Fidelity further marks down Meesho valuation to $3 5 billion

Fidelity further marks down Meesho valuation to $3 5 billion
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Fidelity cuts fair value of Meesho, Pine Labs, Retail News, ET Retail

As per the filings, Fidelity s funds have set Meesho’s fair value at around $4.1 billion as of October 31, 2023, down from around $5 billion as of end-August. Meesho was last valued at $4.9 billion after raising $570 million in 2021.

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