In a strategic move reflecting growing maturity among Indian startups, e-commerce platform Meesho—backed by global tech investor SoftBank—has confidentially filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI). This decision follows a resolution passed during its Extraordinary General Meeting on June 25, paving the way for an Initial Public Offering (IPO) aimed at raising at least Rs. 4,250 crore. By choosing the confidential filing route, Meesho seeks greater regulatory flexibility and additional time to fine-tune its public market entry.