Meesho IPO: Rs 480 crore from offer proceeds earmarked for AI and tech teams; mirrors global e-commerce playbooks

Meesho’s upcoming IPO reveals a significant Rs 480 crore allocation for its AI, ML, and technology teams, alongside substantial investments in cloud infrastructure and marketing. This strategic spending underscores the company’s belief that data and automation are crucial for future e-commerce growth in India, aiming to build a defensible technological moat.