Business Standard | 13 September 2023
The firm increased the face value of its investment in e-commerce firm Meesho in its books by 14.3 per cent to $43.24 million as of July, bringing the company's valuation to around $5.04 billion
After a string of valuation markdowns among Indian startups earlier this year, US-based investor Fidelity, last month, became the first foreign investor to mark up the valuation of a startup.