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Fidelity Investments cuts Meesho’s valuation by 10%
Meesho has become the latest Indian startup to have its valuation marked down by its investors. US-based Fidelity Investments has cut the Bengaluru-based e-commerce firm’s valuation by about 10% to $4.4 billion, recent regulatory filings with the US Securities and Exchange Commission (SEC) showed.
Meesho has become the latest Indian startup to have its valuation marked down by its investors. US-based Fidelity Investments has cut the Bengaluru-based e-commerce firm’s valuation by about 10% to $4.4 billion, recent regulatory filings with the US Securities and Exchange Commission (SEC) showed.
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