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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, a leading e-commerce startup in India with about 150 million transacting users, has secured $275 million in a new funding round, the company disclosed in a securities filing.. The new ...
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.
India’s Meesho is rapidly gaining user traction, challenging entrenched leaders Flipkart and Amazon. The Bengaluru-headquartered startup, which operates a social commerce platform, is currently ...
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 ...
India is one of the fastest growing economies, yet its supply chain system remains antiquated, operating much as it did decades ago. The logistics sector Meesho's logistics network Valmo brings ...
Fidelity has cut the value of its holding in Meesho by 33.6% since the original investment, giving the Indian social commerce startup a valuation of $3.25 billion. Adjusted for outstanding shares ...
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 ...