Meesho is poised to secure a significant funding round of $300 million, led by Tiger Global and SoftBank, with Peak XV, Mars, and UK-based Think also participating. Peak XV Partners and Tiger Global are together contributing $150 million. This funding round is a mix of primary and secondary components, primarily aimed at facilitating Meesho's transition from Delaware to India, ahead of a planned IPO. The move includes a significant portion of the funds being allocated for relevant tax payments associated with this domicile shift. This development comes amidst a broader context of a slowdown in startup funding in Q1 2024, with venture capital investments dropping to $1.6 billion from $2.2 billion in the previous quarter, marking a 51% decline from the same period last year.