Meesho is India’s largest marketplace for longtail products. Our vision is to enable 100 million small businesses in India to succeed online. The Meesho marketplace provides small businesses, which includes SMBs, MSMEs and individual entrepreneurs, access to millions of customers, selection from over 100+ categories, pan-India logistics, payment services and customer support capabilities to efficiently run their businesses on the Meesho ecosystem.
Meesho is on a mission to enable 100M Small businesses in India to succeed online.
Why is this our Vision?
India has nearly 60 million MSMEs and Meesho’s long term goal is to enable 100 million businesses including individual entrepreneurs to pave their paths of success online across India. With our new vision firmly in place, we intend to simplify ecommerce for all small businesses in India. This will help us build a platform which is pro-small businesses with policies and tools to help even the smallest of sellers to list and conduct business on Meesho. We are confident that this will empower small business owners to reach customers through all online channels.
Meesho was started by Vidit Aatrey and Sanjeev Barnwal with the idea to enable mom & pop stores to sell online in 2016. They soon realised that their primary users were actually sellers who did not own a shop, but sold through their social network. They realised that this is how small businesses will work in the future and built a product to democratise social commerce and enable literally anyone to start their own venture. They quickly pivoted to enabling social sellers/entrepreneurs monetise their network by providing supply, logistics and payments infrastructure.
From its humble beginnings six year ago, Meesho has successfully enabled over 15M+ individual entrepreneurs to start their own online businesses with zero investment, bringing e-commerce to more than 45M+ customers across India. Till date the company has delivered orders from 100K+ registered suppliers to over 26,000 pin codes in more than 4,800 cities, generating over 500 crore in income for individual entrepreneurs and serving customers in more than 4,500 Tier 2+ cities — truly bringing e-commerce to Bharat.
Meesho is Series E funded and has raised $300 Million in a fresh round of investment led by SoftBank Vision Fund 2, the world’s largest technology-focused venture capital fund. The funding round also saw participation from existing investors such as Prosus Ventures, Facebook, Shunwei Capital, Venture Highway and Knollwood Investment.The latest round of investment means that Meesho’s valuation is now at USD 2.1 billion — taking it to unicorn status.
Meesho is headquartered in Bengaluru, India and was one of the three Indian companies to be selected for Y Combinator in 2016. It was also a part of the first batch of Google Launchpad – Solve for India programme. In 2018 and 2019 (for two consecutive years), Meesho was named by LinkedIn as LinkedIn India’s Top 25 Startups – 2019 Y Combinator’s Top Companies List 2019 2021 list The World’s 50 Most Innovative Companies The Economic Times’ 40 Under 40 Fortune India’s 40 Under 40 list of entrepreneurs.
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