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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 — which counts Meta, YC, Prosus, SoftBank, Elevation and Peak XV among its backers — was valued at about $4.9 billion in a round it closed in the second half of 2021.
Indian e-commerce startup Meesho has posted its first-ever profit and is targeting a stock market listing in the next 12-18 months, a senior company executive said in an interview.
Meesho has become one of the few startups in India’s fledgling e-commerce industry to turn a profit, helped by cost cuts that included a round of recent layoffs.
Meesho's Project Suraksha uses AI and data science to swiftly detect and remove counterfeit listings, leading to an 80% reduction and blocking 12,000 bad actor accounts. Brands.
Meesho reported notable growth as its operating scale spiked 77% year-on-year to Rs 5,735 crore in FY23 from Rs 3,240 crore in FY22, according to its financial result published on the company’s ...
Meesho CEO said, the company has enough money in the bank to keep the business running in a very healthy manner for many years. He added, the next round of funding could be through IPO.
Meesho posts higher FY24 revenue driven by spike in user base In FY24, Meesho's operating revenues jumped 33% and adjusted losses narrowed by 97%, excluding employee share based compensation expense ...
E-commerce startup Meesho nearly halves its losses by 48% to Rs 1,675 crore in FY23, from Rs 3,248 crore a year ago, as it reined in expenses like customer acquisition, server and infrastructure ...
Meesho revamps brand identity. Rolls out a campaign to showcase its new look . whatsapp 0 whatsapp 0 Facebook 0 Tweet 0 linkedin 0. Meesho has announced its refreshed brand identity with an aim to ...
Softbank-backed e-commerce player Meesho has got a new brand identity. The company's new logo features hues of 'Jamuni' and 'Aam'. This the company sa ...