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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 ...
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.
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 ...
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.
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 ...
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.
Indian digital platform Meesho has raised $125 million in its latest funding round, led by South African internet group Naspers, the e-commerce start-up said on Monday. Cape Town-based Naspers is ...
The startup, which competes with SoftBank and Prosus Ventures-backed Meesho, offers “high-quality, low-priced essentials coupled with a gamified, fun and virality-driven vernacular shopping ...
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