Indian Startups15mo
by GroovyBurritoSoftware Engineer
Meesho raises funding
In current climate, great to see they’re able to raise! Folks at Meesho, some questions:
- does anyone know i...
CosmicTaco
Meesho Secures $250-270 Mn Funding Round
- Meesho has closed another $250-270 Mn round from investors including Tiger Global, Think Investments, and Mars Growth Capital, primarily through secondary share sales.
- The company has filed an application to shift its domicile to its Indian unit, Fashnear Technologies.
- Meesho plans to file draft IPO papers in the second half of 2025, aiming for a potential listing in 2026.
Source: Inc42
6mo ago
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Curated from across
by CosmicTacoGrapevine
H1 FY25: Meesho’s sales top $1.7 bn, net losses shrink to $5 mn
- Meesho reported Rs 27 crore profit in its marketplace business for H1 FY25, despite a consolidated loss of Rs 41 crore due to new investments.
- Revenue grew 24% YoY to Rs 4,405 crore, with a significant increase in net merchandise va...
by CosmicTacoGrapevine
Meesho's FY24: Revenue Soars to $900M, Losses Plunge 95%
- Meesho's FY24 revenue surged 33% to $905 million, driven by increased active users and higher order frequency.
- The company reported a 97% drop in adjusted net losses to $6.3 million, attributed to logistics efficiencies and AI adopt...
Indian Startups13mo
by ZestyQuokkaFounder
Too much money too soon, where have we seen that?
While I'm proud of these two revolutionising the quick commerce space, I somehow have a bad feeling about this
Profits aren't coming, money is flowing Don't know what the VCs are seeking? Why bake a a pie that you can't eat later?
Top comment
Silent founders operating from GCC 😊