4 years ago

Meesho Becomes a Unicorn with $300 Million Series E Funding

  • Indian social commerce startup Meesho has raised $300 million in Series E funding led by SoftBank Group’s Vision Fund 2, valuing the company at $2.1 billion

  • The investment makes Meesho a unicorn, joining the growing list of Indian startups valued at more than $1 billion

  • Existing investors Prosus Ventures and Facebook also participated in the round

  • Meesho plans to use the funds to strengthen its talent pool across all areas, including technology, product, and business

  • The company provides an online sales platform for micro, small and medium businesses (SMBs) across India and serves more than 13 million individual entrepreneurs in helping them start online businesses.

      • ProblemTechnology

      "Small businesses in India lack access to online sales platforms and struggle to reach new customers."

      Solution

      "Meesho provides an online sales platform for small businesses in India, enabling them to reach a wider customer base and grow their businesses."

      Covered on