IPO Objectives
1. Investment for cloud infrastructure in Meesho Technologies Private Limited, our Subsidiary;
2. Payment of salaries of our existing and replacement hires for the Machine Learning and AI and technology teams for AI and technology development undertaken by Meesho Technologies Private Limited, our Subsidiary;
3. Investment in Meesho Technologies Private Limited, our Subsidiary, for expenditure towards marketing and brand initiatives; and
4. Funding inorganic growth through acquisitions and other strategic initiatives and general corporate purposes.
