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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 ...
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.
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 ...
Comment. Image Credits: Meesho. 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 ...
The average cart size on DealShare is between $16 to $19, the startup said. ... and a gamified shopping experience with a simple consumer interface. ... Meesho, among the pioneers in India, is ...
Flipkart was founded in October 2007 in Bangalore [ 11] by Sachin Bansal and Binny Bansal, alumni of the IIT, Delhi and former Amazon employees. [ 12][ 13][ 14] The company was started from a two-bedroom apartment in Kormangala, Bengaluru. The initial investment was provided by their families, which was INR 2 Lakh from each family.
Snapdeal is an Indian e-commerce company, based in New Delhi, India. It was founded in February 2010 by Kunal Bahl and Rohit Bansal. [ 2] Snapdeal is one of the top 10 online marketplaces in India. [ 3] Snapdeal targets the value e-commerce segment, which Bahl estimated to be three times larger than the branded goods market.
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 ...