Meesho
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Meesho announces its largest ever ESOP buyback, allocating INR 200 Cr for employees
Meesho has announced an Employee Stock Ownership Plan (ESOP) buyback program of INR 200 crore (approximately $25 million), marking it as the company’s largest...
Peak XV Partners and Tiger Global eye stake acquisition in SoftBank-backed Meesho amidst secondary deal talks
According to a report by ET, Peak XV Partners (formerly known as Sequoia Capital India) and Tiger Global, along with several other investors, are...
Amazon to challenge Meesho with budget-friendly fashion vertical ‘Bazaar’
Amazon, the ecommerce major, is reportedly gearing up to launch its new vertical, Bazaar, showcasing budget-friendly, unbranded fashion and lifestyle products.As per ET's report,...
E-commerce firms boost efforts for gender diversity in supply chain roles
E-commerce firms are actively working to address the gender imbalance in supply chain roles, which have historically been dominated by men.In a bid to...
Meesho unveils Valmo platform to boost efficiency in e-commerce deliveries
On Wednesday, Meesho, the ecommerce unicorn, launched its tech platform Valmo, aimed at facilitating affordable deliveries and bridging supply chain gaps nationwide. Valmo empowers...
Fidelity slashes Meesho’s valuation again, now at $3.5 Billion – a 29% drop from previous high of $4.9 Billion
The US-based asset management company Fidelity has once again lowered the valuation of Meesho on its books, now assessing the e-commerce startup at $3.5...
Meesho diversifies strategy, set to launch financial services and expand grocery delivery for enhanced profitability
Meesho, an e-commerce company backed by SoftBank, plans to develop a financial services platform and expand its grocery delivery business in the upcoming financial...
Meesho fastest growing e-commerce player; GMV tops $5 Billion: Alliance Bernstein Report
According to a recent report by Alliance Bernstein, the current Gross Merchandise Value (GMV) of Meesho, a value-driven e-commerce startup, is over USD 5...
Meesho’s early investors explore new secondary share sales at valuation of $3-3.5 Billion
Angel investors and early institutional shareholders of the e-commerce firm Meesho are in talks with potential investors to sell off their shares, according to...
Meesho’s FY23 revenue soars to INR 5,735 Crore, marking a 77% growth as losses narrow by 48%
On Friday, the e-commerce platform Meesho announced that its losses for the financial year ending on March 31, 2023, decreased by 48%, amounting to...
Meesho reports 14 Crore customer transactions in 2023, with 80% of orders originating beyond tier 2 cities
E-commerce platform Meesho announced on Thursday that it facilitated transactions for 14 crore customers on its platform in 2023, with 80 percent of orders...
E-commerce giant Meesho onboards 25K non-GST sellers since Oct’23; aims for digitizing 10 Million by 2027
E-commerce platform Meesho reported on Friday that it has successfully onboarded 25,000 non-GST sellers since October 2023.The platform witnessed a surge in non-GST seller...