Meesho is negotiating fresh Fundraising for Unicorn Valuation

Reseller and social commerce major Meesho is back in the game of hunting for funds. The startup, which claims to be India’s no 1 reseller app, is reportedly negotiating to raise more than $100 Mn in the upcoming funding round. Various news reports, citing several sources, claim that all existing investors will participate in this round. …

ByGirish ShettiDecember 11, 20200Comments

News

Meesho becomes latest startup to opt for Layoffs: Report

Social commerce major Meesho is apparently the latest startup to face the coronavirus pandemic blues, after Entrackr reported that the company has given pink slips to more than 200 employees. The mass layoff has come at a time when Meesho’s business has reportedly taken a huge hit due to the ongoing Covid 19 lockdown. No one…

ByGirish ShettiApril 10, 20200Comments

Funding News

Weekly Funding Roundup: Meesho & ShareChat Raised this Week’s Biggest Funding

Some big names and big funding rounds. This is the most apt way to describe this week’s funding activities as India’s startup story continues to stay resilient amid the talks of economic slowdown. Here are the top 10 funding activities of this week as we rap up our weekly funding roundup section. Image by TheDigitalWay from…

ByGirish ShettiAugust 17, 20190Comments

Funding News

Meesho in Talks to Raise $150 -200 Mn from SoftBank

After becoming the first Indian startup to attract investment from Facebook, Meesho is likely to add another high-profile investor in its boardroom. According to sources, Bengaluru based startup is in talks with Japanese tech giant SoftBank to raise $150-200 million. Existing investors are also likely to participate in the fundraising exercise but the talks are…

ByGirish ShettiAugust 12, 20190Comments

Funding News

Facebook bets on Social Commerce Startup Meesho

Social commerce startup Meesho has achieved a funding milestone that may become its strong USP for future. No, it hasn’t become the latest entrant in the rapidly expanding galaxy of unicorns. Its latest achievement makes for far more interesting reading than mundane news of yet another Indian startup earning the unicorn crown. Meesho has become…

ByGirish ShettiJune 14, 20190Comments

Funding News

Why Investors are really going Ga Ga over Social Commerce startups like Meesho

Barely a month ago Techpluto reported that social commerce startup Meesho, which offers online shopping platform for small resellers via social media channels, is in discussion to raise $50 Mn. And on Monday the evitable finally happened. On Monday Meesho raised $50 Mn from new as well as existing investors. This series C funding came hardly…

ByGirish ShettiNovember 6, 20180Comments

Funding News

Russian Billionaire Yuri Milner & others may pump $50 Mn in Meesho: Report

Social commerce platform Meesho is in the middle of fresh fundraising pursuit to raise $40-50 million. The ongoing talks with potential fundraisers have reportedly reached advanced stage. Apoletto Asia, the personal investment vehicle of Russian billionaire Yuri Milner, is said to be one of the potential investors involved in the fundraising talks. The upcoming round is…

ByGirish ShettiOctober 9, 20180Comments

News

Social commerce startup Meesho raises fresh funds from Sequoia Capital

Meesho raises $11.5 Mn from Sequoia Capital and SAIF Partners. Social commerce startup Meesho has secured $11.5 Mn (INR 77 Cr) from Sequoia Capital and SAIF Partners in a series B round. Following the latest funding round, the Bengaluru based startup’s total funding has now raised to approximately $15.2 Mn. Meesho aims to use the fresh capital…

ByGirish ShettiJune 7, 20180Comments

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