Ascent Fund II is B Capital's first dedicated early-stage fund. It invests in pre-seed through series A rounds globally, with an emphasis on the US and Asia, including India
Meesho discovered its successful business model the hard way
Flipkart's social commerce platform has over 250,000 sellers and 150 million products ranging across fashion, beauty, mobiles and home
Of late, credibility of some influencers has come into question. Meesho sent legal notices to some social media influencers for tarnishing the image of the company. More about influencer marketing
Over 26,000 new sellers participated in the sale event, the statement said
SoftBank-backed internet commerce firm aims to become biggest contributor in its space in terms of shipments through 3PL players
The valuation of Meesho, the Indian e-commerce rival of retail giant Amazon, more than doubled last year to $5 billion
Sachin Bansal-led Navi Technologies on Thursday said it has appointed Vidit Aatrey, the founder of social commerce platform Meesho, as an independent director on its board. With this appointment, the number of independent directors on its board reached four. Overall, Navi's board now comprises seven members, according to the company statement. The appointed of Aatrey, effective from April 9, is subject to completion of formalities, it added. Navi has recently appointed three independent directors -- Abhijit Bose, head of India for WhatsApp; Shripad Nadkarni, a member of Maverix Platforms and FMCG veteran and Usha Narayanan who had worked with Lovelock & Lewes Chartered Accountants LLP, a member firm of PricewaterhouseCoopers -- on its board. "I am pleased to welcome Bobby (Abhijit), Shripad, Usha, and most recently, Vidit to our board. They each bring a unique perspective and I believe they will add significant strategic value to Navi as we continue to grow. These appointments ...
"Meesho teams up with Google Cloud for faster innovation at scale," the statement said
Internet commerce firm says customers from smaller Indian cities drive its growth and account for 80% shopping.
The acquisition would help Amazon compete with Flipkart's Shopsy platform and social commerce firms such as Meesho, DealShare, BulBul, Mall91, and simsim.
Social commerce is expected to be about a $70 billion market opportunity in the next few years
Last week, firm said it was integrating grocery biz within the core app to offer users unified shopping while driving stronger synergies across customer acquisition, technology, product and talent
Meesho Superstore currently provides 500 products across categories like fresh fruits, vegetables, groceries, home care, and packaged food.
The company expects to complete the integration of the grocery business by the first week of May and will rebrand it from Farmiso to Meesho Superstore.
The double gold medallist from IIT Delhi Mukherjee has held leadership roles at ShareChat, Hike and Myntra
Mandates Morgan Stanley to find lead investor; funds to be used for M&As
Sellers, in particular, can expect a superior e-commerce experience with access to multiple features on the app, which were earlier present only on the web versions
Internet commerce firm Meesho announced the launch of an integrated e-commerce mobile app for buyers and sellers as part of efforts to drive the digitisation of small businesses in the country.
Meesho clocked 1.4 crore orders during Holi sale and surpassed peak Diwali demand in 2021. Holi essentials category witnessed 60 per cent traction from Tier 3+ cities, on Flipkart' Shosy