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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 (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.
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 ...
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 ...
Meesho, valued at nearly $5 billion, counts Meta, SoftBank, Fidelity, B Capital and Prosus among its backers. ... Meesho’s positioning as a platform for small, unbranded sellers combined with ...
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 ...
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 ...
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 ...