Business News
Project Shikhar Comes to Delhi: BSE, Meesho Push SME IPO Awareness
BSE and Meesho bring Project Shikhar to Delhi to build SME IPO awareness among e-commerce sellers.
Meesho
Business News
Meesho IPO to Open on December 3: Key Things to Know
With the proceeds from the fresh issuance, Meesho said it plans to scale its existing technology and cloud infrastructure, hire engineering and AI talent, alongside expand its marketing efforts.
Business News
Meesho Files Updated Draft Papers with SEBI for INR 4,250 Cr IPO
Elevation Capital and Peak XV will lead the secondary sale, offering 5.54 crore and 3 crore shares respectively, while investors like Prosus and SoftBank, which hold 12.34% and 9.31% stakes, will retain their shares.
Business News
Prosus to Pick Up 10.1% Stake in ixigo Parent for INR 1,296 Cr
The newly raised capital will be used to support organic growth, fund acquisitions, and strengthen working capital and general corporate activities.
Business News
StampMyVisa Acquires Travel Tech Startup Teleport
Teleport has been backed by well-known entrepreneurs including Kunal Shah of CRED, Vidit Aatrey of Meesho, and Phanindra Sama of RedBus.
Business News
Elevation Capital Sells Stake in Ixigo Worth INR 97.4 Cr
Previously, Elevation had also sold INR 100 crore worth of shares in a pre-IPO deal, and another INR 181 crore during the IPO through an offer-for-sale.
Business News
Meesho’s Order Growth up 34% YoY in Apr-Dec on Increased Frequency, Diversity of Purchases
Meesho clocked 3.7 million orders per day, generating INR 197 crore in free cash flow. The platform featured 110 million daily active listings and have created 85,000 jobs so far, the company said.
Business News
Shraeyansh Thakur Resigns from Peak XV Partners After a Decade, Eyes New Venture
During his tenure, Thakur played a crucial role in investments and served as a board member and observer for prominent startups, including Atlys, Meesho, Cars24, Unacademy, and Zetwerk.
Business News
How e-Commerce Giants Kicked Off The 2024 Festive Season
Flipkart recorded 330 million visits during early access and day 1, Amazon recorded 110 million customer visits within the first 48 hours of its sale, Meesho stated 65 million visitors and Myntra enjoyed 120 million visitors during the same period.
Business News
E-Commerce Firm Meesho Aims To Digitize 10 Million Sellers By 2027
This goal signifies a ten-fold increase from the SoftBank-backed firm's current seller base of 1.3 million
By Teena Jose
Business News
Meesho Announces Its First Monthly Profit And Plans For IPO
Meesho Founder and CEO Vidit Aatrey said that a 43% surge in order volumes and 54% increase in revenue in the last 12 month contributed to the profitability of the company
By Teena Jose
Business News
Fidelity Investments Slash Meesho’s Valuation By 10%
The valuation markdown for Meesho has come at a time when the Bengaluru-based startup is looking at reducing its cash burn
By Teena Jose
Business News
Meesho Plans To Go Public In 12-24 Months: Vidit Aatrey
The founder and CEO of Meesho said it is just a matter of choice to choose between growth and profitability
By Teena Jose
Business News
Meesho Issues Legal Notices To Social Media Influencers Engaged In an Alleged Defamation Campaign
Recently, multiple influencers on Twitter posted allegedly paid critical tweets against the company tagging its investors
Business News
The Man Who Pioneered Social Commerce
We as a platform want to enable 100 million small businesses to succeed online: CEO and Co-founder, Meesho
Business News
Helping India’s Digitally Challenged to Sell Their Products Online Got This Marketer-in-chief Into Entrepreneur India’s 35under35 List
How this entrepreneur is enabling aspiring entrepreneurs to have an online presence without having a separate website