A day after its explosive market debut, Meesho’s stock held steady even as the company announced an additional investment into its subsidiary, Meesho Technologies Private Limited. The shares hovered around ₹170 on the NSE after soaring over 53% on listing day. The rights-issue infusion of ₹2,890 crore aligns with the IPO’s stated objectives, reinforcing Meesho’s expansion plans across cloud infrastructure and strategic acquisitions.