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Meesho raises $275 million, eyes more capital infusion! Indian e-commerce platform Meesho has raised $275 million from investors, the company revealed in a regulatory filing with the Securities and Exchange Commission (SEC) in the United States. The capital infusion is part of a larger ongoing round at Meesho, estimated to be $600 million. Meesho is a popular e-commerce platform in India that aims to compete with rivals such as Flipkart and Amazon. SoftBank, Prosus Group, Elevation Capital, and Peak XV Partners are some of Meesho's existing investors. Meesho, in this round, is raising at a valuation of $3.9 billion, 20 percent lower than the $ 4.9 billion valuation during its previous fundraising in 2021.  It is also in talks to raise more from new investors. Meesho plans to use around $300 million to cover taxes resulting from the firm's homecoming to India from Delaware, US. This comes as Meesho is in preparation for an IPO in India. The firm also turned profitable in July 2023. Founded in 2015 by Vidit Aatrey and Sanjeev Barnwal, two IIT Delhi alums, Meesho has raised $1.36 billion since its inception. Meesho, once hailed as the poster child of social e-commerce, made a strategic pivot in 2022 to become a marketplace. A report by AllianceBernstein stated that Meesho is the fastest-growing e-commerce platform in India, accounting for a 48% share in total e-commerce downloads. The report further stated that Meesho is gaining market share primarily through its strategic focus on cities beyond tier 2 due to its mass proposition and a zero-commission model for sellers. What do you think about this achievement by Meesho? Let us know in the comments section. #meesho #ecommerce #startup #investors #ecell #iitbombay

Meesho Marks First Close Of Larger Funding Round At $275 Mn 💰🥳 Ecommerce platform Meesho has reportedly closed a $275 Mn funding round through a mix of primary and secondary share sales. As per an ET report, a regulatory submission to the US Securities and Exchange Commission (SEC) also disclosed a share transfer within Meesho’s US parent company without providing further details. 👉 This marks the first tranche of a larger financing round of $600 Mn that the Bengaluru-based company aims to conclude 👉 This comes a month after Meesho was looking to expand the size of its upcoming funding round to $500-$650 Mn from the previously set $300 Mn 👉 Meesho has raised a total of $1.36 Bn, since 2015 This marks the first tranche of a larger financing round of $600 Mn that the Bengaluru-based company aims to conclude, the report said. “The details are still being worked out for the broader round on valuation. It would be up to $3.9 Bn but will be finalised once the round closes,” a person close to the matter told ET. Founded in 2015 by Vidit Aatrey and Sanjeev Barnwal, Meesho claims to have over 15 Lakh sellers on its ecommerce platform from across India. The startup also claims to have more than 140 Mn annual transacting users. Did you think Meesho can capture good market share with this funding round? Share your comments... Follow FounderHub for more... #startup #meesho #funding #news #startupnews #founderhub #ecommerce

𝗠𝗲𝗲𝘁 𝘁𝗵𝗲 𝗺𝗮𝗻 𝘄𝗵𝗼 𝗵𝘆𝗽𝗲𝗿𝘀𝗰𝗮𝗹𝗲𝗱 𝗵𝗶𝘀 𝗮𝗺𝗯𝗶𝘁𝗶𝗼𝗻 𝗳𝗿𝗼𝗺 𝗜𝗮𝘀 𝗮𝘀𝗽𝗶𝗿𝗮𝗻𝘁 𝘁𝗼 𝘁𝗵𝗲 𝗳𝗼𝘂𝗻𝗱𝗲𝗿 𝗼𝗳 𝗮 $𝟯.𝟱 𝗯𝗶𝗹𝗹𝗶𝗼𝗻 𝗲-𝗰𝗼𝗺𝗺𝗲𝗿𝗰𝗲 𝗲𝗺𝗽𝗶𝗿𝗲 . Vidit Aatrey’s first venture didn’t go as planned. But instead of giving up, he leaned in and found an even greater vision. Starting in a 𝗹𝗼𝘄𝗲𝗿-𝗺𝗶𝗱𝗱𝗹𝗲-𝗰𝗹𝗮𝘀𝘀 family with dreams of becoming a civil servant Aatrey’s path took a sharp turn at IIT, where the spark of entrepreneurship replaced his earlier goals. After a stint at ITC in Chennai, he made his way to Bengaluru, determined to build something transformative. 𝗧𝗵𝗲 𝗦𝘁𝗿𝘂𝗴𝗴𝗹𝗲 Initially, Vidit faced the reality that small businesses struggled to navigate social media for sales. Despite India’s growing e-commerce market, millions of sellers lacked the tools to reach digital customers effectively. Vidit knew this was his opportunity to create a solution for those small business owners who wanted to succeed online but lacked the resources. 𝗧𝗵𝗲 𝗦𝗼𝗹𝘂𝘁𝗶𝗼𝗻 In 2015, he and his co-founder Sanjeev Barnwal launched Meesho A platform that allows anyone to start their own marketplace using social media like WhatsApp and Facebook to connect with customers. While sellers focus on sales, Meesho takes care of logistics, offering a seamless way for businesses to grow online. In 2021, Meesho secured over $870 million in funding from global investors like SoftBank and Fidelity. By January 2024, the company was valued at $3.5 billion—a testament to Vidit’s persistence, though not without setbacks from previous highs. 𝟯 𝗞𝗲𝘆 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗟𝗲𝘀𝘀𝗼𝗻𝘀 𝗳𝗿𝗼𝗺 𝗩𝗶𝗱𝗶𝘁 𝗔𝗮𝘁𝗿𝗲𝘆 𝗙𝗮𝗶𝗹𝘂𝗿𝗲𝘀 𝗔𝗿𝗲 𝗝𝘂𝘀𝘁 𝗦𝘁𝗲𝗽𝘀 𝗧𝗼𝘄𝗮𝗿𝗱 𝗦𝘂𝗰𝗰𝗲𝘀𝘀 Vidit’s initial setback became a springboard for the insights that fueled Meesho. 𝗕𝘂𝗶𝗹𝗱 𝘁𝗼 𝗦𝗼𝗹𝘃𝗲 𝗥𝗲𝗮𝗹 𝗣𝗿𝗼𝗯𝗹𝗲𝗺𝘀 Vidit understood the gap in e-commerce for small businesses. 𝗔𝗱𝗮𝗽𝘁 𝘄𝗶𝘁𝗵 𝗥𝗲𝘀𝗶𝗹𝗶𝗲𝗻𝗰𝗲 Even with a dip in valuation, Vidit’s commitment to Meesho’s mission is unwavering. Looking for more inspiration from India’s business leaders? Follow Us #raffesia mesho mart #startup #startupworld

🚀 Meesho Secures First Tranche of $275 Mn in Funding Round. Meesho, the Bengaluru-based ecommerce platform, has successfully closed the first part of its funding round, securing $275 million through a combination of primary and secondary share sales. Here's what you need to know: 💰 First Tranche: - This funding marks the initial phase of a larger financing round totaling $600 million that Meesho aims to finalize. - The company plans to utilize this investment to fuel its expansion and strengthen its position in the ecommerce market. 📈 Growing Ambitions: - Meesho's decision to increase the size of its funding round from $300 million to $600 million reflects its ambitious growth plans and confidence in its business model. - The final valuation of Meesho is expected to be up to $3.9 billion, pending the closure of the entire funding round. 🌐 Investor Confidence: - Existing investors, along with new investors, have participated in this funding round, signaling continued confidence in Meesho's potential and growth trajectory. - Meesho has a strong investor base that includes prominent names such as Tiger Global, SoftBank, DST Partners, Elevation Capital, Facebook, and Prosus. 📈 Impressive Growth Journey: - Since its inception in 2015, Meesho has raised a total of $1.36 billion, demonstrating its ability to attract significant investment in a competitive market. - The platform boasts over 15 lakh sellers and more than 140 million annual transacting users, highlighting its widespread popularity and reach. 📈 Strategic Moves: - Meesho is actively exploring options to reverse flip its US parent company, a strategic move linked to its plans for an IPO in India, although final decisions are yet to be made. - This move aligns with the broader trend among Indian startups, with several companies, including Groww, PhonePe, Zepto, RazorPay, and Pine Labs, also considering reverse flipping. 🚀 Future Prospects: - With the infusion of fresh capital and ongoing strategic initiatives, Meesho is well-positioned to capitalize on the rapidly growing ecommerce market in India and strengthen its market leadership. As Meesho gears up for further expansion and innovation, its latest funding round underscores investor confidence in its vision and potential to drive significant value in the ecommerce landscape. #Ecommerce #Funding #Growth #StartUpNews #BusinessNews #MicroShots #NewsUpdates

How Meesho’s Ad-Based Revenue Model is Redefining Indian E-Commerce 🚀 Meesho is shaking up the Indian e-commerce landscape and challenging giants like Flipkart and Amazon, but their strategy is anything but conventional. Unlike traditional platforms, Meesho doesn’t charge commissions from sellers. Instead, they’ve built a powerful ad-based revenue model that prioritizes empowering small businesses and resellers. By focusing on premium segments and creating their own logistics network, Meesho is scaling rapidly and attracting millions of users. Could this innovative approach make Meesho India's first profitable e-commerce company? Their journey is a masterclass in business strategy and customer-centric innovation. Share your thoughts—can Meesho outpace its competitors and become the leader in Indian e-commerce? Could Meesho become the first profitable e-commerce giant in the country? Let’s discuss! #Meesho #ECommerce #BusinessModel #Startup #Entrepreneurship #DigitalMarketing #Amazon #Flipkart #OnlineShopping #CaseStudy

Meesho Raises Massive $275M to Take On E-Commerce Giants! 💥 India's social commerce disruptor Meesho just landed a whopping $275 million in funding to supercharge its battle against Amazon and Flipkart. This cash injection will help Meesho: ✅ Expand deeper into rural markets ✅ Invest in tech and improve the platform ✅ Broaden affordable product offerings ✅ Strengthen logistics But Meesho has even bigger goals - prepping for a potential IPO! 🚀 Can this innovative startup leveraging the power of social selling take down the e-commerce titans? The battle is heating up! Read all about Meesho's ambitious plans and the impact on India's massive E-Commerce market in my latest blog. 💰 Read more here: https://lnkd.in/gNBhJ42N Do read the blog on : WorldStartupNews | Infyleads | SAIRAJ MAHESH | Meesho #Meesho #Funding #Ecommerce #Startups #Innovation #Entrepreneurship #BusinessGrowth #TechNews #India #IPO #SmallBusiness

🚀 Sanjeev Barnwal: Founder & CTO of Meesho, Driving Innovation in India’s E-Commerce Revolution 🚀 Sanjeev Barnwal, the visionary founder and Chief Technology Officer (CTO) of Meesho, has been at the helm of one of India's fastest-growing e-commerce platforms. His expertise in technology and his passion for empowering small businesses have played a critical role in Meesho's growth, enabling millions of entrepreneurs to build and scale their online stores through social media platforms. Founded in 2015, Meesho has transformed e-commerce in India by simplifying the process for resellers and small businesses to sell products online without upfront investment. With Barnwal's leadership, the platform integrates cutting-edge AI and ML technologies, delivering a customer-centric experience that’s reshaping the future of e-commerce. As Meesho continues to expand, Barnwal’s vision remains focused on democratizing e-commerce for small businesses, breaking down barriers, and paving the way for future innovation. #Ecommerce #TechLeadership #Innovation #AI #Entrepreneurship #SmallBusiness #Meesho #DigitalTransformation #Startup #TechVisionary #Leadership #BusinessGrowth

Meesho is generally called Sasta Amazon but it is much more than that. Meesho went from being a small idea to a $5 billion powerhouse, and guess what? They did it without following the usual e-commerce rules. 🙂 Here’s the secret sauce: Meesho focused on empowering small sellers in tier 2 and 3 cities. While everyone else was targeting the same old big-city crowd, Meesho saw a gap in the market and decided to go after it.  They offer zero commission, a 7-day payment cycle, and an asset-light model—basically, they made it easier for smaller sellers to thrive without the high overhead costs. 💡 And it worked! While Amazon and Flipkart were busy playing in the big leagues, Meesho quietly built a massive customer base by making things simple and accessible. They didn’t just join the e-commerce race; they created a whole new lane. 🛒 The man behind this success, Meesho’s founder and CEO, Vidit Aatrey, believes it all boils down to customer satisfaction and being able to quickly adapt to the ever-changing market needs. So, no surprise, Meesho’s not just growing in India anymore—they’re expanding to the US and UK as well. 🌍 What makes Meesho a true standout is its ability to focus on a niche market, offer real value, and keep innovating. They’re living proof that you don’t need to be a giant to make a huge impact in the world of e-commerce. So, if you ever doubted the power of entrepreneurship or the potential of Indian startups, Meesho is here to remind you: that the future is full of possibilities. 🚀 #MeeshoSuccess #EcommerceInnovation #IndianStartups #GlobalExpansion #BusinessGrowth #CustomerSatisfaction #StartupStory #MeeshoRising #ChasingExcellence #EntrepreneurshipGoals #NewEraBusiness

🌟 Is Meesho the Game-Changer India’s E-commerce Sector Has Been Waiting For? 🌟 In a groundbreaking move, Meesho has made history by becoming India’s first horizontal e-commerce firm to achieve positive cash flow, boasting an impressive ₹232 crores ($27.6 million) in operating cash flow. This milestone comes at a time when ongoing challenges in profitability plague many players in the market. With backing from industry giants like SoftBank and Prosus, Meesho is proving that serving customers in smaller cities and towns can be both impactful and financially viable. As competition intensifies with new entrants constantly emerging, how will Meesho's success redefine strategies for others aiming to venture into the Indian e-commerce landscape? Join us as we dive into this transformational phase of e-commerce! 🚀 Connect with startups to drive your corporate innovation 🚀 Book a meeting! https://lnkd.in/dFYwmbHq #Ecommerce #Meesho #PositiveCashFlow #IndianStartups #Profitability #Innovation #SoftBank #Prosus #SmallCitiesMarket #TechNews Read more about this achievement here: https://lnkd.in/dtACXkKr

🌟 Is Meesho the Game-Changer India’s E-commerce Sector Has Been Waiting For? 🌟 In a groundbreaking move, Meesho has made history by becoming India’s first horizontal e-commerce firm to achieve positive cash flow, boasting an impressive ₹232 crores ($27.6 million) in operating cash flow. This milestone comes at a time when ongoing challenges in profitability plague many players in the market. With backing from industry giants like SoftBank and Prosus, Meesho is proving that serving customers in smaller cities and towns can be both impactful and financially viable. As competition intensifies with new entrants constantly emerging, how will Meesho's success redefine strategies for others aiming to venture into the Indian e-commerce landscape? Join us as we dive into this transformational phase of e-commerce! 🚀 Connect with startups to drive your corporate innovation 🚀 Book a meeting! https://lnkd.in/dFYwmbHq #Ecommerce #Meesho #PositiveCashFlow #IndianStartups #Profitability #Innovation #SoftBank #Prosus #SmallCitiesMarket #TechNews Read more about this achievement here: https://lnkd.in/dtACXkKr