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Meesho, one of India’s largest e-tailers, has filed papers with local market regulators to launch an IPO later this year. The cheap and cheerful app aims to raise 42.5 billion rupees ($497.8 million) in fresh capital. If the listing goes ahead, the firm would become the first major horizontal e-commerce platform to make its market debut in the country. Competing with Amazon India and Flipkart, the company sells mostly merchandise from small local merchants, ma
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