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The Bengaluru-headquartered startup, which operates a social commerce platform, is currently at a GMV run rate of over $5 billion and its eponymous app grew 32% year-over-year in December 2023 ...
Indian social commerce Meesho raises $570 million at $4.9 billion valuation. Meesho has more than doubled its valuation in less than six months, to $4.9 billion, as a growing number of high ...
Meesho (short for Meri Shop, trans. My Shop) [ 3] is an online shopping platform owned by the Indian company Fashnear Technologies Private Limited.[ 4][ 5] It is an online marketplace that facilitates trade between suppliers, resellers and customers, with heavy reliance of external social media platforms such as Facebook and Instagram. [ 5][ 6]
Meesho — backed by Prosus Ventures, Fidelity, SoftBank and Peak XV — is having a go at plugging the gaps in the country’s supply chain. The Bengaluru-headquartered startup launched a network ...
Open Network for Digital Commerce. Open Network for Digital Commerce ( ONDC ), is a private non-profit Section 8 company established by the Department for Promotion of Industry and Internal Trade (DPIIT) of Government of India to develop open e-commerce. It was incorporated on 31 December 2021 with initial investment from Quality Council of ...
The new round — a Series E — gives the five-year-old startup a valuation of $2.1 billion, up from about $600 million-$700 million in the 2019 Series D investment. The Indian startup, which has ...
Fidelity, which co-led Meesho’s last round, continues to value Meesho at over $4.5 billion, according to the U.S. asset manager’s monthly disclosures. Venture Highway originally backed Meesho ...
That’s where Meesho, a startup in Y Combinator’s latest batch, is hoping to change things and empower WhatsApp sellers. The company is a ‘Shopify for mobile’ for India at the most basic ...