Tag: Meesho

RPS Ventures offloaded 3.86 crore shares in Meesho for around Rs 900 crore through block deals.

SoftBank sold 8 crore shares of Meesho for Rs 1,650.4 crore, reducing its stake to 6.87%.

Y Combinator sold shares worth Rs 970 crore in Meesho, marking a major exit by an early investor.

Meesho's early investors divested 2.27% stake via block deals worth Rs 1,949.28 crore on the NSE.

Meesho reported a 48% revenue increase to Rs 3,713 crore, narrowing losses by 54% to Rs 133 crore.

E-commerce marketplace Meesho is acquiring Kirana Club, a digital platform for kirana retailers, for Rs 202.08 crore.

Fidelity sold shares worth Rs 988 crore in Meesho, representing a 1.31% stake in the company.

Leading ecommerce firms like Amazon and Meesho have launched the Digital Commerce Coalition to focus on India's sector.

India’s e-commerce market is set to triple to $174–214 billion by FY30, driven by internet growth.

Meesho scales AI use with 70% code generated by AI, improving efficiency across operations and product development.