Meesho is an online platform that has over the years become India’s largest social shopping platform, founded by Vidit Atre and Sanjeev Barnwal in December 2015. You can check company profile, history and founder net worth with $2.23 Billion. Company founders are graduates of IIT Delhi.
Meesho Company Profile
Meesho is India’s largest reseller platform. Through the Meesho App, independent retailers can choose any product from the range created by the manufacturer and then sell on other channels like Instagram, Facebook and Whatsapp.
The startup aims to create about 30 million small businesses. There are over 3,000 sellers on the Meesho platform and over 20,000 businesses from over 800 cities who get distribution through Meesho.
Meesho Investors – Y Combinator, Shunwei Capital, SAIF Partners, Naspers, Eric Kwan, Sundeep Madra, Facebook, Abhishek Jain, Rajul Garg, Maninder Gulati, Investment, VH Capital, Venture Highway, Venky Karnam, Locus Ventures, Brennan Loh, Alvin Tse , Kashyap Devrah, Jaspreet Bindra, Sequoia India, Sequoia Capital India, RPS Enterprises, DST Partners, Prosus Enterprises, SoftBank Vision Fund 2, Knollwood Bank.
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Founder History
Vidit Atreya, founder and CEO of the Meesho brand, is an IIT Delhi graduate. He was born in 1991. He worked for two years at ITC Ltd as Supply Chain Manager and InMobi as Senior Associate in Global Strategies and Operations.
Sanjeev Barnwal, co-founder and CTO of Meesho, is an IIT Delhi alumnus. He worked with Sony in Japan as part of the core tech team that developed the company’s digital single-lens reflex cameras and cybershot cameras He, remains passionate about technology at Misho today. He graduated with a Bachelor of Technology in electrical engineering in 2012. He received Forbes under 30 awards in Asia and India.
Meesho Company Profile And History
- Founded – year 2015
- Founders- Sanjeev Barnwal, Vidit Aatrey
- Company Valuation – $4.9 Billion.
- Head Quater – Bengaluru
- Education- Both Friends are former classmates at the Indian Institute of Technology in New Delhi.
- The startup deliver as a platform for small manufacturers and distributors of fashion, lifestyle, small electronics, sporting goods and other products from unbranded or little-known producers.
- Meesho aims to reach nealy 100 million monthly transacting users December 2022, growing over seven-times from the current 15 million.
- this comapny started its journey with as a reselling platform for women entrepreneurs.
- Meesho has decided the plan and will also invest in to the grocery delivery marketplace Farmiso, which was launched earlier this year.
Latest Meesho Funding:
| Announced Date | Transaction Name | Funding Raise | Fund Innvestor |
|---|---|---|---|
| Sep 2021 | Series -F | $570mn | B Capital Group, Fidelity Management, and Research Company |
| Apr 2021 | Series- E | $300M | SoftBank Vision Fund |
| Aug 2019 | Series- D | $125M | Proses & Naspers |
| Jun 2019 | Corporate- Round | $25M | |
| Nov 2018 | Series -C | $50M | DST Partners, RPS Ventures, Shunwei Capital |
| Jun 2018 | Series -B | $11.5M | Sequoia Capital India |
| Oct 2017 | Series -A | $3.4M | Elevation Capital |
| Aug 2016 | Seed -Round | $120K | Y Combinator |
| Mar 2016 | Angel -Round | $180K | Investopedia, Rajul Garg, Venture Highway |
| Jan 2016 | Seed -Round | — | — |
Meesho has a total of 1,683 contestants and is third among them. It has 30 competitive funders and 8 finalists. Overall, Meesho and its competitors raised more than $16.5B in 163 funds from 766 investors. The total competing group consists of 2 public companies and 6 acquired companies. Who are Meesho’s best competitors? Flipkart – Bangalore based, 2007 founded, acquired company Amazon – Seattle-based, 1994 founded, public company Snapdeal – Delhi Based, 2010 Established, Series H Company