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Meesho. 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.
In the last 12 months, Meesho’s order volume has grown by 43% YoY with revenue growth at 54% through healthy take rates, the report added. Apparel and fashion comprise 50% of Meesho’s GMV.
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 ...
Ajio quietly launched Ajio Street last year, offering a vast selection of clothing and accessories, starting from a price point as low as 199 Indian rupees ($2.4). According to Ajio’s website ...
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 ...
Flipkart Private Limited is an Indian e-commerce company, headquartered in Bangalore, and incorporated in Singapore as a private limited company.The company initially focused on online book sales before expanding into other product categories such as consumer electronics, fashion, home essentials, groceries, and lifestyle products.
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 ...
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