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Meesho raises funding

https://techcrunch.com/2024/05/10/meesho-an-indian-social-commerce-with-150m-transacting-users-secures-275m-in-new-funding/

In current climate, great to see they’re able to raise! Folks at Meesho, some questions:

  • does anyone know if this is a down round?
  • how’s the climate inside Meesho? Appraisals, hiring etc
  • are all employees allowed to sell in the secondary?
18mo ago
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PerkyBiscuit
PerkyBiscuit
Meesho18mo

It’s a down round from 4.9 to 3.9B Climate mostly depends on who you ask, but hikes were low, hired a lot of juniors recently,
Every one with vested shares were allowed to sell 30% of it at the same valuation 3.9B

FuzzyMarshmallow
FuzzyMarshmallow
Stealth18mo

Are they hiring for APMs?

GroovyBurrito
GroovyBurrito
Quicko18mo

thanks for sharing!

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