About Meesho
Meesho is a social commerce platform that enables individuals and small businesses to start their online stores without any investment.
Headquarters
Meesho, Bangalore
Founded
2015-01-01
Industry
E-Commerce, E-Commerce Platforms, Fashion
Last Funding Type
Series Unknown
Valuation
2
Total Funding
$1.41 billion dollars
IPO Status
Private
Financial
Meesho has raised $275 million in funding and is aiming for a total of $600 million in an ongoing round. The company has been identified as the fastest-growing e-commerce platform in India, according to multiple reports. Additionally, Meesho has implemented measures to reduce logistics costs by 5% through its software infrastructure platform Valmo and has delisted 200,000 low-rated products to improve product quality. The company has also initiated its largest ESOP buyback program totaling Rs 200 crore.
Funding Rounds
13
Number of Lead Investors
16
Total Funding Amount
$1.41 billion dollars
Number of Investors
37