Fidelity further marks down fair value of MeeshoA fund managed by financial services major Fidelity has further marked down the fair value of e-commerce firm Meesho, according to a monthl...
30 Jan, 2024, 05.30 PM IST
Meesho joins carts queued up at credit, grocery countersEcommerce company Meesho wants to start a credit marketplace where borrowers will be sourced on behalf of its lending partners — banks and ...
30 Jan, 2024, 07.26 AM IST
Meesho says logged first monthly profit after tax in JulyIn a statement on Monday, the Bengaluru-based firm, which is backed by SoftBank and Meta, said that it has seen its order volumes surge by ...
07 Aug, 2023, 04.58 PM IST
Meesho builds logistics SaaS platform to widen its networkWhile the product is still being developed internally, this would reduce Meesho’s dependence on large third-party logistics players like Ec...
30 Aug, 2022, 06.00 AM IST
Social commerce startup Meesho shutters Superstore grocery business in India, 300 'lose' jobsHomegrown social commerce platform Meesho has reportedly shut down its grocery business called Superstore in more than 90 per cent of citie...
27 Aug, 2022, 10.19 AM IST
Meesho shutters Superstore grocery business in India, 300 'lose' jobsIn April, Meesho rebranded Farmiso to Superstore, with an aim to highlight its continued focus to fulfill consumer demand for daily essenti...
26 Aug, 2022, 06.16 PM IST
Meesho lays off over 150 employees from grocery biz as it restructures vertical“As we look to boost efficiencies in the light of the integration, a small number of full-time roles and certain third-party positions on s...
11 Apr, 2022, 10.09 PM IST
Meesho rebrands Farmiso to Superstore in grocery push; Musk appointed to Twitter boardWith only 0.5% of grocery sales in India being online, Meesho has a huge market to tap into even as it fights well-entrenched rivals like A...
05 Apr, 2022, 08.08 PM IST
Meesho rebrands Farmiso to Superstore, to integrate with main appMeesho will integrate Farmiso, its grocery division, into its core application by the first week of May. It will also be renamed Meesho Sup...
05 Apr, 2022, 12.56 PM IST
Flipkart CEO outlines IPO plans for next year, egrocery key to milestoneKrishnamurthy said new ecommerce entrants are merely noise, Amazon remains main competitor
17 Dec, 2021, 12.51 PM IST
Flipkart's Shopsy enters grocery business to take on DealShare, MeeshoFlipkart is taking the social commerce route for online grocery at a time when DealShare is a prominent player in the space, and Meesho and...
14 Dec, 2021, 09.55 PM IST
Meesho plans 'price drop' amid e-tail discount scrutinyCompany says not discounting products on platform; compliant with FDI rules
09 Dec, 2021, 06.00 AM IST
Swiggy to test social commerce for group buying of groceriesSwiggy has been conducting a combination of external as well as internal hiring – including for several technology roles - to build the ver...
12 Oct, 2021, 06.31 PM IST
Fidelity, B Capital lead $570 mn funding in Meesho, valuation more than doubles to $4.9 bnMeesho has raised $570 million in a funding round led by Fidelity and B Capital to double the R&D team and acquire more users, as the socia...
30 Sep, 2021, 12.01 PM IST
Fidelity may lead Meesho's new $550-600M round taking valuation up to $5BRival DealShare also closing new financing at $1.5–1.8 billion valuation as social commerce players attract big investments
24 Sep, 2021, 08.59 AM IST
Meesho's diversification plan pits it against Amazon, FlipkartSocial commerce platform Meesho wants to diversify its business model to target 100 million small businesses, a hitherto untapped yet lucra...
13 Apr, 2021, 10.55 AM IST
Meesho, Shopclues, NoBroker, others enter online grocery space for survivalThe foray into grocery and delivery of essentials have also been pushed by local governments and allows these businesses to get curfew pass...
09 Apr, 2020, 12.14 PM IST