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Hey I am on Medialย โ€ขย 1y

I recently read that Meesho's downround because Peak XV Partners,Tiger Global are leading this round and Softbank also. In talk with Accel also early backer for Flipkart. โ€ข But I don't know the reason, they are devalue the valuation from $ 4.9 Billion to 3.9 Billion maybe because of Recession or if lot of VC's come then they decrease the valuation ๐Ÿค”๐Ÿ’ญ.

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