Page 11 - Meesho
IPO-bound Navi appoints Meesho founder Vidit Aatrey as independent director
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 ...
 "IPO-bound Navi appoints Meesho founder Vidit Aatrey as independent director")
Meesho joins hands with Google Cloud to accelerate digital transformation
"Meesho teams up with Google Cloud for faster innovation at scale," the statement said
 "Meesho joins hands with Google Cloud to accelerate digital transformation")
SoftBank-backed Meesho records over 100 mn transacting users
Internet commerce firm says customers from smaller Indian cities drive its growth and account for 80% shopping.
Amazon bets big on social commerce, acquires women-focused startup GlowRoad
The acquisition would help Amazon compete with Flipkart's Shopsy platform and social commerce firms such as Meesho, DealShare, BulBul, Mall91, and simsim.
 "Amazon bets big on social commerce, acquires women-focused startup GlowRoad")
Flipkart's social commerce arm Shopsy may hit 100 mn users this year
Social commerce is expected to be about a $70 billion market opportunity in the next few years
 "Flipkart's social commerce arm Shopsy may hit 100 mn users this year")
SoftBank-backed Meesho lays off 150 employees from grocery vertical
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 integrates grocery with core application; rebrands Farmiso
Meesho Superstore currently provides 500 products across categories like fresh fruits, vegetables, groceries, home care, and packaged food.
 "Meesho integrates grocery with core application; rebrands Farmiso")
Meesho to integrate grocery biz in core app, scale to 12 states this year
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.
SoftBank-backed Meesho names Debdoot Mukherjee chief data scientist
The double gold medallist from IIT Delhi Mukherjee has held leadership roles at ShareChat, Hike and Myntra
 "SoftBank-backed Meesho names Debdoot Mukherjee chief data scientist")
Social e-com firm Meesho eyes $500-mn war chest; funds to be used for M&As
Mandates Morgan Stanley to find lead investor; funds to be used for M&As
Meesho launches integrated e-commerce app for buyers and sellers on Android
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
 "Meesho launches integrated e-commerce app for buyers and sellers on Android")
Meesho launches integrated e-commerce app for buyers and sellers
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.
Online shopping platforms witnessing blockbuster Holi festival sales
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
 "Online shopping platforms witnessing blockbuster Holi festival sales")
Meesho clocks 14 mn orders during Holi sale, surpasses peak Diwali demand
During the recently concluded Holi sale, the company saw nearly 80% of the demand coming from tier 2+ markets like Amravati, Aurangabad, Faizabad, Muzaffarpur and Silchar.
Our mission is to democratise e-commerce, says Meesho founder & CTO
To understand the tech infrastructure, one also needs to understand the consumer category we are tapping into, says Barnwal
 "Our mission is to democratise e-commerce, says Meesho founder & CTO")
Facebook-backed Meesho targets early 2023 for IPO: Report
In September, Meesho raised $570 million at a valuation of $4.9 billion in a Series F funding round led by Fidelity Management & Research Company and B Capital Group
We're building single shopping place for next billion consumers: Meesho CXO
Orders have grown 13x since July 2021, pet supplies, stationery among new categories added. Next up: musical instruments, industrial supplies, books, video games
 "We're building single shopping place for next billion consumers: Meesho CXO")
Meesho helps digitise 400,000 sellers across India as part of 100 mn vision
Nearly 70,000 of these are from Delhi. NCR has highest number of women sellers on the platform
Meesho adopts boundaryless workplace model to attract talent
Earlier, Meesho also introduced employee friendly practices like 30-week gender-neutral parental leave policy, gender reassignment leave and 10-day reset and recharge policy
Meesho to hire over 450 people this year to scale technology team
Digital commerce platform Meesho said it aims to onboard more than 450 people this year to strengthen its technology team.