Meesho IPO - Check Issue Date, Price, Lot Size & Details

meesho IPO Details

Bidding Date: To be announcement

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Meesho is an Indian e-commerce company, established in 2015 by Vidit Aatrey and Sanjeev Barnwal. It operates as a social commerce platform, connecting millions of consumers with sellers and entrepreneurs. Meesho’s goal is to make internet commerce accessible to everyone.

About Meesho

Meesho Strengths

• Strong Social Commerce Model: Meesho stands out for its social commerce approach, leveraging platforms like WhatsApp and Facebook to drive sales. This allows it to tap into a wide, often untapped, audience in tier 2 and tier 3 cities across India.
• Affordable Business Model: Meesho enables entrepreneurs, especially small businesses, to sell products with minimal investment. Sellers can run their businesses without large upfront costs, relying on Meesho's platform for sales and logistics support.
• Expansive Product Range: The platform offers a wide range of products across categories such as fashion, home décor, and beauty, allowing it to cater to a broad consumer base.
• Large Customer Base: With millions of active users, Meesho has built a strong, loyal customer base, especially among price-sensitive consumers.
• User-Friendly Platform: The ease of use on Meesho, with its focus on a seamless shopping experience and seller interface, contributes to its growing success in India.
• Strong Backing & Partnerships: Meesho has raised significant funds from top investors like Facebook, Prosus Ventures, and others, strengthening its market position.

Financials of Meesho

As of its latest filings and reports, Meesho has made impressive strides in terms of growth and financial performance. However, the company remains in the growth stage, investing heavily in expanding its user base and logistics infrastructure.

1. Revenue Growth: Meesho has seen strong growth in its revenue over the past few years, primarily driven by its expanding user base and product offerings.

2. Losses: While Meesho has shown growth in revenue, it has also reported losses, which is typical for many e-commerce platforms during their growth phase. The company's expenses are mainly driven by marketing, technology, and logistics.

3. Funding: Meesho has raised significant funding rounds from various venture capitalists. The company is well-funded, allowing it to invest in infrastructure, expand its offerings, and scale rapidly.

4. Valuation: In its most recent funding rounds, Meesho achieved a significant valuation, further solidifying its position in the competitive Indian e-commerce space.