Meesho picks Morgan Stanley, Kotak and Citi as bankers for $1 billion IPO at valuation of $10 billion

Meesho is likely to command a valuation of $10 billion, a 2.5X increase from $3.9 billion last year. The company is expected to list on the stock exchanges around Diwali this year, outpacing Flipkart, sources told Moneycontrol.