Meesho

Valuation $2B

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

Related Angels

Sundeep Madra
View profile