News: Meesho raises $275 million in a new funding round

Funding & Investment

Meesho raises $275 million in a new funding round

With the latest round of funding, the company has secured over $1.2 billion in funding.
Meesho raises $275 million in a new funding round

Bengaluru-headquartered e-commerce startup Meesho has secured $275 million in a new funding round, the company disclosed in a securities filing.

Currently valued at about $3.9 billion, Meesho has seen its valuation adjust from $4.9 billion since its last funding in September 2021. To date, the company has secured over $1.2 billion in funding. The details come from sources who prefer to remain anonymous as the funding discussions are ongoing.

In another development, Meesho has appointed Surojit Chatterjee, former senior vice president (SVP) of Flipkart as an independent director to its board. In his most recent role, Chatterjee, worked as the chief product officer (CPO) of Coinbase, the cryptocurrency exchange platform.

Read full story

Topics: Funding & Investment, Business

Did you find this story helpful?

Author

QUICK POLL

How do you envision AI transforming your work?