Meesho operates a large-scale online marketplace that, in FY25, connected over 500,000 transacting sellers with 199 million annual transacting users who placed 1.8 billion orders. The platform generated Net Merchandise Value of ₹29,988 crore in FY25, reflecting 29 % year-on-year growth after a 21 % rise in FY24. While it reported a FY25 net loss of ₹3,942 crore due to one-time items tied to its public-listing restructure, losses narrowed sharply to ₹700.72 crore in the first half of FY26 as revenue rose to ₹5,577.54 crore. Meesho plans to channel fresh capital into cloud infrastructure, marketing and brand initiatives, and inorganic growth via acquisitions, alongside general corporate purposes. The company’s marketplace model focuses on low-cost, long-tail consumer goods, enabling micro-entrepreneurs to sell online. Backers include SoftBank, Elevation, Peak XV, Venture Highway and Y Combinator, several of whom will partially exit through the upcoming IPO. The business is preparing to debut on public markets on 10 December.

Total raised

$1.6B

Funding rounds

10

Latest round

Equity

Latest activity

Dec 2025