Date | Title | Description |
17.05.2024 | Prosus and parent Naspers name Fabricio Bloisi as CEO | Dutch-listed investment firm Prosus and its parent Naspers appointed Fabricio Bloisi as chief executive officer. He replaces long-time CEO Bob van Dijk who abruptly resigned last September.
Prosus, which is an investor in start-ups like Byj... |
15.05.2024 | Childcare products market to grow 14% CAGR by 2028: RedSeer report | The domestic childcare products market is estimated to grow at a Compounded Annual Growth Rate of 14 per cent to about ₹5.45 lakh crore by CY28 against ₹2.84 lakh crore in CY23 .
Childcare products spending per capita in India is currently ... |
15.05.2024 | Late-stage startup funding up 3x in April | ETtech
Late-stage funding in Indian startups soared more than threefold in April even as total startup funding declined in the first quarter of calendar 2024, showed data exclusively shared with ET by market intelligence platform Tracxn.
El... |
13.05.2024 | Meesho Beefs Up Board With Former Flipkart Executive | SUMMARY
Chatterjee’s appointment comes close on the heels of Meesho reportedly looking to increase the size of its upcoming funding round to $500-$650 Mn from $300 Mn earlier
Chatterjee served as chief product officer (CPO) at cryptocurrenc... |
13.05.2024 | Meesho appoints former Flipkart executive Surojit Chatterjee as independent director | E-commerce startup Meesho has appointed Surojit Chatterjee as an independent director to its board.
He was the chief product officer (CPO) of Coinbase, the cryptocurrency exchange platform and was the former senior vice president (SVP) of F... |
13.05.2024 | Flipkart targets to shift domicile from Singapore to India | E-commerce major Flipkart is planning to shift its domicile or holding company from Singapore to India, according to a media report. With this, it will join several late stage companies which are also planning to move back to India over the... |
13.05.2024 | Meesho raises $275 million, eyes $600 million in ongoing round | - |
11.05.2024 | Meesho Marks First Close Of Larger Funding Round At $275 Mn | SUMMARY
This marks the first tranche of a larger financing round of $600 Mn that the Bengaluru-based company aims to conclude
This comes a month after Meesho was looking to expand the size of its upcoming funding round to $500-$650 Mn from ... |
11.05.2024 | Meesho Raises USD 275 Million From Existing Investors, Eyes More Capital Infusion The round values Meesho at USD 3.9 billion, 20 per cent lower than the USD 4.9-billion valuation it commanded during i... | - |
11.05.2024 | Meesho closes $275 million funding; to raise more funds | E-commerce company Meesho has closed a $275 million funding round through a mix of primary and secondary share sales. The filing with the US Securities and Exchange Commission (SEC) showed share transfer at Meesho’s US parent firm without o... |
11.05.2024 | Meesho gets US $ 275 million funding in first tranche, in talks for more | Image Courtesy: www.financialexpress.com
Through a combination of main and secondary share sales, e-commerce company Meesho finalised a US $ 275 million fundraising round, according to two people with knowledge of the situation.
Share trans... |
09.05.2024 | Groww moves domicile to India from the US | Full-stack financial services platform Groww has completed its domicile transition back to India from the US. The company’s co-founder and chief executive officer Lalit Keshre confirmed the development through a post on X (formerly Twitter)... |
30.04.2024 | Aviral Bhatnagar Quits VC Firm Venture Highway | SUMMARY
Bhatnagar was also instrumental in managing and building the student venture program in the firm, as per his LinkedIn profile
It is pertinent to note that in 2018 Bhatnagar launched A Junior VC, a platform which offers insights into... |
30.04.2024 | Groww receives RBI approval to operate as payment aggregator | Fintech unicorn Groww has received approval from the Reserve Bank of India to operate as a payment aggregator. The firm has joined several fintechs which recently received similar approval from the central bank.
RBI has granted the licence ... |
26.04.2024 | Indian startup funding declines 3.1% to $2.3 billion in Q1 CY2024 | - |
19.04.2024 | PE, VC investments decline marginally to $13.5 bn in March quarter: Report | - |
17.04.2024 | KreditBee Joins The ‘Desh Wapsi’ Brigade, Looks To Move Domicile To India | SUMMARY
KreditBee has been working on the plan to reverse flip to India for the past few months and is figuring out tax liabilities emanating out of the move
With this, KreditBee joins a slew of Indian new-age tech tech startups, including ... |
10.04.2024 | Quick-Commerce Startups in India on the Rise | Indian quick-commerce startups like Zepto are skyrocketing in sales, with Zepto hitting $1.2 billion in annualized sales in just 29 months. Competing with giants like Zomato and Swiggy, Zepto is quickly gaining market share and is on track ... |
10.04.2024 | Swiggy's Valuation Soars to $12.7 Billion | Swiggy, the Bengaluru-based food delivery decacorn, has seen its valuation skyrocket to $12.7 billion, thanks to a markup by US investor Invesco. This marks the second time Invesco has increased Swiggy's value, making it the third overall m... |
09.04.2024 | Amazon India launches Bazaar as value fashion and lifestyle vertical | Image Courtesy: Amazon
For the Indian market, Amazon India has introduced a new vertical called “Bazaar” that will sell value-priced fashion and leisure items via the company’s Android app. During its early launch period, a limited subset o... |
09.04.2024 | Invesco marks up Swiggy’s valuation to $12.7 Bn | Swiggy has once again witnessed a valuation mark up to $12.7 billion by US-based investor Invesco. This is the second markup in its value by Invesco and overall third for the Bengaluru-based foodtech decacorn.
This is an 18% jump in the val... |
06.04.2024 | Amazon India launches ‘Bazaar’ vertical for affordable unbranded fashion and lifestyle products | E-commerce major Amazon India has launched a new vertical called Bazaar, which features unbranded fashion and lifestyle products at a low price point. The segment went live on Amazon India’s Android app.
With Bazaar, the e-commerce player w... |
06.04.2024 | Amazon sets up Bazaar to sell unbranded, low value items in India | Under Bazaar, Amazon is proposing a zero referral fee to merchants, which is vital for products which have low average selling prices (ASPs).
E-commerce giant Amazon has finally launched Bazaar, the destination for low-priced, unbranded fas... |
04.04.2024 | Exclusive: Lenskart, Purplle, Healthkart may raise fresh funds as big-ticket startup deals gain momentum | ETtech
The Indian startup sector is seeing a return of big-ticket deals of $100 million or more for strong businesses that are growing fast and are on a path to profitability, according to industry executives who view this as a significant ... |
03.04.2024 | UP extremely important, one of fastest-growing markets for Amazon: Srikanth | Terming Uttar Pradesh as an "extremely important" and "one of the fastest-growing markets" for Amazon.in, a senior company official said 2023 witnessed healthy double digit growth, and that momentum has continued this ye... |
01.04.2024 | Pocket FM completes its $8.3 M first ESOP buyback | The $8.3 million first ESOP buyback has been completed, according to audio series platform Pocket FM. The stock buyback follows the Bengaluru-based company’s announcement of $103 million in Series D funding.
According to a press release fro... |
29.03.2024 | India’s top-funded tech startups reined in FY23 losses as revenue growth slowed | Premium
Credit: 123RF.com
India's top-funded technology startups, which went overboard with expenses to attract talent and customers in 2021-22 thanks to record venture capital funding, reined in their operating losses in the financ... |
25.03.2024 | Flipkart, Swiggy, Blinkit, Zepto witness blockbuster Holi festival sales | Online shopping platforms such as Flipkart, Swiggy, Blinkit, and Zepto are witnessing blockbuster Holi festival sales.
“Swiggy has been buzzing with orders for Gujiya and Thandai since Friday. With a mouthwatering selection of 192 Gujiya an... |
21.03.2024 | B Capital's Latest Fund Closes at $750 Million | B Capital, the brainchild of Facebook co-founder Eduardo Saverin, has sealed the deal on its second Opportunities fund, raking in a hefty $750 million. This fund, a double-up from the previous one, has attracted a diverse mix of investors, ... |
21.03.2024 | Flipkart tweaks increment policy, converts hikes into payouts, rolls out 100% bonus | E-commerce major Flipkart has rejigged its increment policy, i.e., the company is handing out merit-linked payouts in two tranches, along with 100 per cent bonus payout to all eligible employees.
The merit-linked payouts are happening in Ap... |
19.03.2024 | DS Group's Pulse Candy Shines a Light on Local Heroes this World Compliment Day | New Delhi, Delhi, India
In celebration of World Compliment Day, Pass Pass Pulse, a prominent hard-boiled candy brand from the DS Group, a multi-business corporation, and FMCG conglomerate, commemorated the occasion with a heartfelt campaign... |
19.03.2024 | Top-Level Exits Continue At Meesho: Now, CXO Harsh Chaudhary Quits To Join Flipkart | SUMMARY
Harsh Chaudhary, who led the advertising and financial services verticals at Meesho, joined Flipkart as the VP of customer in February 2024
Chaudhary is among the several top executives who have left Meesho in the past few months
Ea... |
19.03.2024 | B Capital closes second Opportunities fund at $750 million | ETtechB Capital cofounders Raj Ganguly (left) and Eduardo Saverin
Global investment firm B Capital, which has backed the likes of Byju’s, Meesho and Pharmeasy in India, on Tuesday announced the close of its second Opportunities fund at $750... |
19.03.2024 | Meesho’s CXO Harsh Chaudhary quits, joins Flipkart | E-commerce major Meesho’s CXO of monetisation, Harsh Chaudhary, has quit the firm to join Flipkart.
Chaudhary exited the firm after a stint of two years, where he led the advertising and financial services verticals. At Flipkart, Chaudhary ... |
17.03.2024 | Meesho's Record-Breaking ESOP Buyback Program | Meesho, the ecommerce unicorn, has launched its largest ESOP buyback program worth INR 200 crore, benefiting 1,700 employees. This marks the fourth buyback for the company, showcasing its commitment to rewarding its workforce. Meesho's prof... |
13.03.2024 | SoftBank-backed Meesho to roll out ESOP buyback program worth Rs 200 cr | Online shopping platform Meesho has announced a Rs 200 crore buyback of shares which were issued through Employee Stock Ownership Plan (ESOP), making it the company’s largest ESOP buyback pool to date.
Bengaluru-based Meesho has a total of ... |
13.03.2024 | Meesho Launches INR 200 Cr Buyback Programme For 1,700 Employees | SUMMARY
Meesho said this is the largest such ESOP buyback programme undertaken by it and would benefit past as well as current employees
Prior to this, the ecommerce unicorn bought back shares worth $5.5 Mn in October 2021, $5 Mn in Novembe... |
13.03.2024 | Meesho announces its largest ESOP buyback worth Rs 200 Cr | Meesho has announced the initiation of an employee stock ownership plan (ESOP) buyback program of Rs 200 crore (approximately $25 million), making it the company’s largest ESOP buyback pool to date.
This marks the fourth buyback at the hori... |
12.03.2024 | Fidelity India banks on nurturing talent to curtail attrition | Fidelity Investments India, the global capability centres of the US-based Fidelity Investments, is focussing on cultivating an ecosystem where career growth and vitality is nurtured to attract and retain talent. The company is keeping its e... |
29.09.2022 | Meesho Raises $192 Mn From Parent Entity Amid Festive Season Sale | Meesho’s board passed a special resolution to issue 65,12,342 equity shares to Meesho Inc at an issue price of INR 2,408 per share
Meesho said that its flagship ‘Mega Blockbuster Sale’ clocked about 3.34 Cr orders this year, witnessing near... |
15.07.2022 | Indonesian social commerce firm raises $20m in fresh funds | EcommerceNewsStartups
Kul Bhushan · 18 Jul 2022 · 2 min readIndonesian social commerce firm raises $20m in fresh funds
KitaBeli, an Indonesia-based social commerce platform, has raised US$20 million in a funding round led by Glade Brook Cap... |
22.06.2022 | Meesho Announces Unlimited Paid Leaves Policy for Employees | Bangalore, India-based internet commerce company Meesho announced employees’ unlimited paid leaves policy. The new policy was announced on June 21st, 2022. It enables the employees to take up to 365 days of paid leaves for mental and health... |
13.06.2022 | Meesho Registers 5.35 million Orders in One-day Sale Event | Bangalore, India-based online e-commerce startup Meesho registered record orders of 5.35 Million. The Soft Bank and Meta-backed platform hosted ‘Maha Indian Savings Sale’ on June 5, 2022. During the one-day sale event, Meesho registered a f... |
11.04.2022 | Meesho Layoffs: SoftBank-Backed Unicorn Fires 150 Employees After Raising $870 Mn In 2021 | Ecommerce unicorn Meesho has laid off 150 full-time employees in a restructuring of its Meesho Superstore grocery delivery service as it scales back after expanding in the pandemic grocery rush. The layoffs at Meesho come less than seven mo... |
21.03.2022 | 🇮🇳 Roundup: Reliance VC arm buys online lingerie firm for $125m (Updated) | InvestmentsNewsStartups
Aditya Hadi Pratama · 7h ago · 3 min read🇮🇳 Roundup: Reliance VC arm buys online lingerie firm for $125m (Updated)
Update (March 21, 7.20 p.m. SGT): Adds news on PhonePe’s acquisition of GigIndia.
Startups in India, ... |
07.03.2022 | Valued At $5 Bn, Meesho’s Losses Near INR 500 Cr In FY21 After 2X Surge In Expenses | Social commerce giant Meesho has witnessed a 158% rise in its sales revenue in the financial year ending on March 31, 2021.
The Meta-backed startup has posted a revenue from sales worth INR 792.8 Cr in FY21, a 2.5X rise from INR 306.9 Cr it... |
31.12.2021 | Glowroad in 4 Years by Alexander Gornyi | The post was originally published in Russian on Startup of the Day. Alexander kindly agreed to republish what we think is of great value to our readers.
Glowroad, the Indian startup of the day, tested out several ways to help people earn o... |
29.10.2021 | Meesho announces ESOP buyback worth $5.5 million | Social commerce platform Meesho has announced a $5.5M an employee stock ownership plan (ESOP) liquidity program for all the eligible employees. Last year, the company implemented its second buyback worth about USD $5 million (about Rs 37 cr... |
29.10.2021 | Meesho announces second ESOP programme worth $5.5 mn in less than a year | Meesho, a fast-growing internet commerce platform, has announced a $5.5 million ESOP (employee stock ownership plan) liquidity programme for all eligible current and former employees with vested stocks. This is the company’s second such liq... |
05.10.2021 | Meesho to host biggest festival sale event after crossing $4.9 bn valuation | Meesho, a social e-commerce startup, has announced the launch of its first major sale event, saying it will have over one lakh new sellers and daily orders from customers in India’s tier-two cities.
Meesho will host the Maha Indian Shopping... |
01.10.2021 | SoftBank-backed Meesho raises USD 570 million at USD 4.9 billion valuation | Barely six months after raising USD 300 million, Indian social commerce startup Meesho has received another whopping USD 570 million in funding from B Capital and Fidelity Management.
Existing backers Prosus Ventures, SoftBank Vision Fund 2... |
01.10.2021 | Meesho raises $570 mn at near $5 bn valuation | Social commerce platform Meesho has raised $570 million in a fundraising led by Fidelity Management and Research and Facebook co-founder Eduardo Saverin’s B Capital Group, more than doubling the startup’s valuation to $4.9 billion.
Existing... |
01.10.2021 | Meesho Raises $570 Mn At Near $5 Bn Valuation | - |
01.10.2021 | India's Meesho raises $570M | Meesho, an Indian social ecommerce company, has raised a $570 million Series F at a valuation of $4.9 billion. The deal was led by Fidelity Investments and B Capital Group with the participation of other investors including Prosus Ventures,... |
30.09.2021 | Meesho raises $570 million from Fidelity, B Capital, others at $4.9 billion valuation | L-R Vidit Aatrey, Founder & CEO and Sanjeev Barnwal, Founder & CTO, Meesho
Social commerce platform Meesho on September 30 said it has raised $570 million in its Series F round led by Fidelity Management and B Capital, more than dou... |
30.09.2021 | Social commerce startup Meesho raises $570 mn, valuation doubles to $4.9 bn | Social e-commerce start-up Meesho on Thursday said it has raised $570 million, led by Fidelity Management & Research Company and B Capital Group, a venture capital firm co-founded by Facebook Co-Founder Eduardo Luiz Saverin. Existing in... |
30.09.2021 | India: Meesho raises $570m led by Fidelity, B Capital, valuation doubles to $4.9b | Social commerce platform Meesho on Thursday said it has raised $570 million led by Fidelity Management & Research Company and Facebook, Inc. co-founder Eduardo Saverin’s B Capital Group. In five months since the last round of funding, M... |
30.09.2021 | Prosus N : Meesho raises US$570 million in Series F funding from Fidelity Management and Research Company and B Capital Group | Records 2.5x order volume growth since its last round of funding in April 2021
Aims to reach 100 million monthly transacting users by December 2022
Plans to grow tech and product talent by 2.5x to achieve its mission of democratizing intern... |
30.09.2021 | Meesho Raises USD 570M in Funding; Valued at $4.9 Billion | Meesho, a Bangalore, India-based internet commerce platform, raised USD 570M in funding.
The round was led by Fidelity Management & Research Company and B Capital Group with participation from existing investors Prosus Ventures, SoftBan... |
30.09.2021 | Meesho raises $570 mn Series F fund | Social commerce unicorn aims to increase its product range and target underserved markets
Social commerce unicorn Meesho has raised $570 million in funding led by Fidelity Management & Research Company and B Capital Group.
Existing inve... |
30.09.2021 | OZY learns that yes, it can get so much worse | This is the web version of Term Sheet, a daily newsletter on the biggest deals and dealmakers. Sign up to get it delivered free to your inbox.
Earlier this week, the New York Times published a bizarre story about OZY, the media startup back... |
30.09.2021 | Meesho raises $570 Mn at $4.9 Bn valuation | Social commerce startup Meesho has raised $570 million led by Fidelity Management and Eduardo Saverin’s B Capital Group. The company was valued at $4.9 billion after the round, more than double of what it was valued less than six months ago... |
30.09.2021 | Indian Startup Meesho Valued at $5 Billion by Fidelity
Indian Startup Meesho Valued at $5 Billion by Fidelity | - |
30.09.2021 | Social commerce startup Meesho raises $570 mn, valuation doubles to $4.9 bn | - |
30.09.2021 | Meesho raises $570 mn; valuation more than doubles to $4.9 bn | Social commerce platform Meesho on Thursday said it has raised $570 million led by Fidelity Management & Research and Facebook co-founder Eduardo Saverin’s B Capital Group, catapulting the Bengaluru-based startup’s valuation to $4.9 bil... |
30.09.2021 | India social commerce startup Meesho valued at $5 billion by Fidelity | Social commerce startup Meesho Inc. raised $570 million in fresh funding led by Fidelity Investments and Facebook co-founder Eduardo Saverin’s B Capital, adding to the frenzy of global backing for India’s startup ecosystem.
The fundraising ... |
30.09.2021 | India’s Meesho raises USD 570 Million at a valuation of USD 4.9 Billion | On 29.09.21 – Bangalore-based, social commerce unicorn, Meesho announced that it raised USD 4.9 Billion in a Series F round. The startup has doubled its valuation in less than six months, and shown an exponential growth in the ongoing pande... |
29.09.2021 | Indian social commerce Meesho raises $570 million at $4.9 billion valuation | Meesho has more than doubled its valuation in less than six months, to $4.9 billion, as a growing number of high-profile investors back the Indian social commerce startup that is reporting strong growth despite the pandemic.
The Bangalore-h... |
10.08.2021 | Here Are The 21 Indian Startups That Entered The Unicorn Club In 2021 | It’s raining unicorns in India amid an unprecedented funding spree for Indian startups across sectors. In just eight months this year, 21 startups have already made it to the unicorn club. Well over $20 Bn has been raised till July this yea... |
02.06.2021 | Prosus to acquire Stack Overflow for $1.8 Billion | Congratulations to Stack Overflow, founders Joel Spolsky and Jeff Atwood, CEO Prashanth Chandrasekar and team on the company's acquisition by Prosus for $1.8bn.
A top 50 website globally, Stack Overflow is the go-to destination for develop... |
22.04.2021 | Here Are The Ten Indian Startups That Entered The Unicorn Club In 2021 | It’s raining unicorns in India. Ten startups have already made it to the list in the first four months of 2021 and more will be riding in pretty soon as India is bound to raise $13.7 Bn this year. The unicorn story of 2021 is the one with m... |
05.04.2021 | Meesho Becomes India’s First Social Commerce Unicorn After Massive $300 Mn Round | Facebook-backed Meesho has become the first Indian social commerce startup to enter the unicorn club, after raising $300 Mn in a funding round led by Japanese conglomerate SoftBank. Prosus Ventures, Facebook, Shunwei Capital, Venture Highwa... |
05.04.2021 | Facebook-backed Meesho raises $300 million from SoftBank Vision Fund 2 – valuation jumps to over $2 billion | Meesho is a marketplace for resellers, and connects them with customers via social media channels like WhatsApp and Facebook.
While SoftBank Vision Fund 2 led the round, it also saw participation from Meesho’s existing investors Prosus Vent... |
05.04.2021 | Meesho Raises $300 Million in Growth Funding Round | Bengaluru: Bengaluru headquartered Fashnear Technologies, which runs the social e-commerce platform Meesho, has raised $300 million (Rs 2,201 crore as per current exchange rates) in the growth funding round, valuing the company at $2.1 bill... |
05.04.2021 | India Gets 5th Unicorn In 2021 As Meesho Raises $300 Mn | April 5, 2021 3 min read
You're reading Entrepreneur India, an international franchise of Entrepreneur Media.
The year 2021 seems to have started on a positive note for Indian entrepreneurs as more and more startups entered the coveted Unic... |
05.04.2021 | Meesho raises $300 million funding led by SoftBank | Meesho raises $300 million funding led by SoftBankMeesho co-founders Sanjeev Barnwal (left) and Vidit Aatrey.Premium 2 min read . Updated: 05 Apr 2021, 10:49 AM IST Madhurima Nandy
The fresh funding has almost trebled the valuation of the B... |
05.04.2021 | India’s Meesho raises $300m led by SoftBank Vision Fund 2, valuation trebles to $2.1b | Social commerce platform Meesho said it has raised $300 million in a new funding round led by Japan’s SoftBank Vision Fund 2. The fresh funding has almost trebled the valuation of the Bengaluru-based startup to $2.1 billion from around $700... |
05.04.2021 | Meesho raises $300 million from SoftBank Vision Fund as valuation races past $2 billion | ETtechMeesho co-founders Sanjeev Barnwal (left) and Vidit Aatrey (right)
Facebook-backed Meesho has raised $300 million in a new round of funding led by SoftBank Vision Fund 2, catapulting the social commerce startup’s valuation to $2.1 bil... |
05.04.2021 | SoftBank Vision Fund 2 leads $300 mn funding round in Meesho | Payal Ganguly 5 Apr, 2021
Bengaluru headquartered Fashnear Technologies, which runs social ecommerce platform Meesho, has raised $300 million (Rs 2,201 crore as per current exchange rates) in a growth funding round, valuing the company at $... |
05.04.2021 | Facebook-backed Meesho raises $300 mn from SoftBank, valued at $2.1 bn | Social commerce platform Meesho, the first Indian startup to get Facebook investment in the form of an equity stake, said Monday it has raised $300 million in a new round of funding led by SoftBank Vision Fund 2, valuing the firm at $2.1 bi... |
05.04.2021 | [Funding alert] Meesho raises $300 M investment led by Softbank Vision Fund 2 | Social commerce platform, Meesho, has raised $300 million in new funding led by Softbank Vision Fund 2. With this investment, Meesho's valuation is at $2.1 billion. The round also saw participation from existing investors Prosus Ventures, F... |
05.04.2021 | Meesho raises $300 Mn round led by SoftBank at a valuation of $2.1 Bn | Social commerce platform Meesho has entered the unicorn club with a $300 million round led by SoftBank Vision Fund. Existing backers: Porsus Ventures, Facebook, Shunwei Capital, Venture Highway and Knollwood Investment also participated in ... |
05.04.2021 | India’s Meesho raises $300m led by SoftBank Vision Fund 2, valuation trebles to $2.1b | Premium
Social commerce platform Meesho said it has raised $300 million in a new funding round led by Japan’s SoftBank Vision Fund 2. The fresh funding has almost trebled the valuation of the Bengaluru-based startup to $2.1 billion from aro... |
05.04.2021 | Meesho raises $300 mn in funding round led by SoftBank Vision Fund 2 | Social commerce platform Meesho on Monday said it has raised $300 million (about ₹2,201.7 crore) in a funding round led by SoftBank Vision Fund 2.
The latest investment values Meesho at USD 2.1 billion and saw participation from existing in... |
05.04.2021 | SoftBank Vision Fund 2 leads $300 mn funding round in Meesho | Bengaluru headquartered Fashnear Technologies, which runs social ecommerce platform Meesho, has raised $300 million (Rs 2,201 crore as per current exchange rates) in a growth funding round, valuing the company at $2.1 billion.
The round was... |
04.04.2021 | Indian social commerce Meesho valued at $2.1 billion in new $300 million fundraise | Meesho said on Monday it has raised $300 million in a new financing round led by SoftBank Vision Fund 2 as the Indian social commerce startup works to become the “single ecosystem that will enable all small businesses to succeed online.”
Th... |
13.02.2021 | Facebook-backed Meesho nears $250 million funding from SoftBank Vision Fund, others | Facebook-backed social commerce platform Meesho is in talks to raise nearly $250 million from investors led by Japan’s SoftBank Vision Fund, multiple people in the know of developments told ET, potentially valuing the company post-money at ... |
10.02.2021 | 15 Tech Industry Leaders Share Their Top Priorities For 2021 | The Covid-19 pandemic caused setbacks in every industry. In the tech industry, where companies are usually only as successful as they are cutting-edge, these unexpected circumstances forced many leaders to change their plans in 2020, thus f... |
10.12.2020 | Indian social commerce startup Meesho said to be close to raising $150m funding | Premium
Social commerce platform Meesho is in advanced discussions to raise up to $150 million in a fresh funding round, which is likely to be led by existing investor South Africa’s Naspers.
Continue reading this story with a subscription ... |
10.12.2020 | Indian social commerce startup Meesho said to be close to raising $150m funding | Social commerce platform Meesho is in advanced discussions to raise up to $150 million in a fresh funding round, which is likely to be led by existing investor South Africa’s Naspers.
Other existing investors including Facebook, RPS, Elevat... |
01.09.2020 | YC's First Virtual IIT Tour | We’re excited to announce that we’ll be hosting our first series of virtual talks at 7 IITs this fall.
At the events, you’ll meet YC partners and alumni from each of the schools. They’ll talk about how they started their companies, the cha... |
01.09.2020 | YC’s First Virtual IIT Tour | We’re excited to announce that we’ll be hosting our first series of virtual talks at 7 IITs this fall.
At the events, you’ll meet YC partners and alumni from each of the schools. They’ll talk about how they started their companies, the cha... |
06.05.2020 | Pinduoduo and The Rise of Social E-Commerce | Across the globe, as the novel coronavirus moves us from communal spaces into the confinement of our homes, our social experiences are forced to adapt. Beyond the social networks we already know and use, we are finding new ways to integrate... |
27.02.2020 | YC S20 Interviews in India | Once again, YC is coming to India! We’re hosting interviews in Bangalore from May 12-14. These will be like regular YC interviews in every way. The application is the same, as well as what we look for in the application and the criteria for... |
28.11.2019 | China’s Shunwei hunts Chinese unicorns’ counterparts in India | WISE New Economy Conference 2019 | Chinese venture capital firm Shunwei Capital has made more than 20 early-stage startup investments in India since early 2016, a threshold when smartphone shipments in the country exceeded 100 million units and carriers started rolling out a... |
20.08.2019 | India-Based Social Commerce Company Meesho Raises $125 Million | India-based online marketplace Meesho announced it closed $125 million in funding led by Naspers. Facebook and several existing investors also joined the round.
Meesho — an India-based online marketplace — recently announced it closed $125 ... |
12.08.2019 | Meesho raises another $100 Mn in Series D round led by Naspers | Social commerce platform Meesho had started its Series D round with a promising investment of $25 million from none other than social media giant Facebook, becoming the Mark Zuckerberg led company’s first direct investment in the Indian sta... |
12.08.2019 | Meesho raises $125 mn in a round led by Naspers | Meesho co-founders Sanjeev Barnwal (left) and Vidit Aatrey. Meesho raises $125 mn in a round led by Naspers 1 min read . Updated: 12 Aug 2019, 01:51 PM IST Varsha Bansal
Meesho has built a network of more than 2 million ‘social sellers’ acr... |
12.08.2019 | Naspers leads USD 125 million bet on Meesho amid India’s second e-commerce tide | India’s e-commerce market might have been divided and grabbed by the duopoly of Amazon and Flipkart, but that’s not discouraging a slew of vertical players from surging in what the local internet industry characterized as the second-tide of... |
12.08.2019 | Indian e-commerce platform Meesho raises USD 125 million in Naspers-led funding | -->
Meesho has built a network of more than 2 million sellers across 700 towns in India and created a disruptive distribution channel for 15,000 suppliers in traditional manufacturing hubs. |