Meesho IPO Upcoming

Already have an account? Apply now

To be announced
–
–
–

View all IPOs →

About Meesho

Meesho, founded by Vidit Aatrey and Sanjeev Barnwal in December 2015, is an innovative e-commerce platform that empowers resellers across India by facilitating country-wide shipping and utilizing social media for marketing. Established under Fashnear Technologies Private Limited, Meesho has carved a niche in the social commerce industry by enabling individuals to establish online businesses with ease. The platform connects a diverse range of products directly from manufacturers to resellers and consumers, leveraging the power of social media marketing to democratize internet commerce. Meesho’s approach supports small and medium businesses, establishing it as a competitive player in the e-commerce landscape.

Meesho Valuation

Meesho has raised over $1.6 billion across fourteen funding rounds from notable investors such as Tiger Global, Think Investments, and Mars Growth Capital. The latest funding round in January 2025 valued Meesho at approximately $3.9-4 billion, which represents a 20% decrease from its previous valuation of $4.9 billion.

Operations and Performance of Meesho

In FY22, the company reported revenues of roughly $0.43 billion, which climbed to approximately $0.76 billion in FY23, and further escalated to nearly $1.02 billion in FY24. During the same period, the net loss decreased significantly from about $0.43 billion in FY22 to nearly $0.04 billion in FY24.

Despite facing challenging market conditions, the company maintained its growth momentum, achieving around 175 million transacting users in 2024, a 25% increase from the 140 million users the previous year. This growth is largely attributed to heightened consumer demand and the increasing penetration of e-commerce in tier 2 and smaller towns, resulting in a 70% annual surge in orders across categories such as Beauty and Personal Care, and Home and Kitchen.

Future Plans

Meesho plans to increase its seller base to 10 million small businesses by 2027, which represents a substantial growth from its current figure of 1.3 million, reflecting a tenfold expansion.

Media coverage