On the tech stack, Meesho’s stand Barnwal explains has been, "Build on top of open source technologies as far as possible. In rare cases we'd end up using existing off-the-shelf solutions.

US-based asset manager Fidelity has marked down its holding in e-commerce startup Meesho by 33.6%, resulting in a current valuation of $3.25 billion, its monthly disclosure released on Monday said.

Meesho’s valuation in this round stands at $3.9 billion, a decrease from its previous $4.9 billion valuation in 2021. The company aims to expand its customer base and explore acquisitions to ...

Meesho, a Softbank-backed e-commerce platform, said on Tuesday that it has delisted almost 2 lakh products from its platform in the last quarter following quality checks. "Post-evaluation, Meesho ...

Meesho monthly active users (MAUs) grew at 25 percent on a YoY basis in August 2024, compared to Amazon and Flipkart degrowing at 5 percent and 2 percent respectively,” Bernstein said in its note.

CAC and marketing spending reduced 80% YoY, tech costs 60%, and current run rate stands at 3.5 million orders per day. Meesho attributes growth to capital efficiency and asset-lite model, ...

Meesho’s revenue from operations grew to ₹5,735 crore in FY23 from ₹3,232 crore in FY22. Its losses halved from ₹3,251 crore in FY22 to ₹1,675 crore in FY23.

NEW DELHI: Meesho on Wednesday said it is making use of its new tech-enabled logistics network Valmo (VALue+MOvement) to decrease logistics cost by 4-5% and passing on benefits to its sellers.

Meesho bets big on parallel categories to win tier II and beyond consumers The consumer electronics category has grown by over 60 per cent on the platform since January 2022, whereas, orders for ...