ABOUT MEESHO

About Meesho Company

Meesho, an online reseller platform, doesn’t need an introduction. The meaning of meesho means “meri shop” or apni dukaan. The platform has established a market niche and grown popular with customers and merchants by making online reselling and shopping convenient and cost-effective.

Meesho, a platform for online resellers, due to its ability to make online resale and shopping quick and affordable, the platform has carved out a market niche for itself and become much more well-liked among buyers and sellers.

The initial name of the company was FASHNEAR. The company is registered under the name Fashnear technologies private limited. The company has more than 1700 employees. To date, Meesho has raised a total of $1.1 Billion in funds, and the annual revenue of the company is around $825+ Million.

About Meesho Founder

The founders of Meesho were Sanjeev Barnwal and Vidit Aatrey. The company was founded in the year 2015.

Co-founder of Meesho and its Chief Technological Officer (CTO), Sanjeev Barnwal, has also worked at Sony Mobile Communications as a developer and designer of the Android Camera Hardware Abstraction Layer Architecture.

Sanjeev earned a bachelor’s in engineering from IIT Delhi and had previously worked for Sony Corporation.

Meesho’s other co-founder is Vidit Aatrey. He has experience in the mobile marketing platform InMobi. Aatrey has also observed the operations part of the business with ITC limited.

About Meesho Headquarters

The headquarters of Meesho is located in Bengaluru, Karnataka, India.

About Meesho History

Meesho joins the Unicorn Club in the year 2021. They reached the milestone of a $1 billion valuation in just five years. Read about Meesho’s history in detail below:-

2015

• Meesho came into existence, founded by two experienced Indians Sanjeev Barnwal and Vidit Aatrey.
• Meesho.com got registered in October 2015.

2016

• In August, the company raises a $120000 seed round from Y Combinator.

2017

• The company raises $3400000 from SAIF partners.

2018

• Abhishek Jain, Investopad, Kashyap Deorah, Maninder Gulati, Rajul Garg, and Venture Highway invests $180,000 in Meesho’s angel round.
• Meesho secures a $50,000,000 series C round of funding from DST Partners, RPS Ventures, SAIF Partners, Sequoia Capital India, Shunwei Capital, Venture Highway, and Y Combinator.

2019

• The company raises a $25,000,000 corporate funding round from Meta.
• Meesho receives a $50,000,000 series C round of funding from DST Partners, RPS Ventures, SAIF Partners, Sequoia Capital India, Shunwei Capital, Venture Highway, and Y Combinator.
• The company raises a $125000000 series D round from Naspers.

2021

• The company raises a $300,000,000 series E round.
• DST Partners, RPS Ventures, SAIF Partners, Sequoia Capital India, Shunwei Capital, Venture Highway, and Y Combinator contribute $50,000,000 to the series C fundraising round for Meesho.
• The startup was declared the most downloaded e-commerce app in the world in September 2021 after winning numerous honors (Google Play Store).

Meesho has shipped orders from more than 100,000 registered suppliers to more than 26,000 pin codes in over 4,800 locations. Brings e-commerce to India by generating over Rs 500 crore in revenue for business owners and serving clients in more than 4,500 Tier 2+ cities.

More than 13 million entrepreneurs are claimed to be connected to Meesho through their platform. The fact that women make up the majority of business owners is remarkable. The Social Commerce Platform enables their resellers to launch completely free online companies.

About Meesho app

Meesho App is accessible on both the Google Play Store and the iOS App Store. Specifically in India, it is one of the biggest social commerce platforms where anyone can launch an online business.

The user only needs to resale Meesho’s goods to their contacts. The application is only open to female company owners, stay-at-home moms, college students, store owners, hairdressers, wholesalers, and anyone searching for a side business or a way to launch an online business.

Meesho app Features

• Business a Catalog for WhatsApp
• Simple sharing of a catalog to social media
• Making more sales to earn bonuses
• Obtaining commissions with each sale
• Accessibility of COD and online payment options, filter options, and a section for notifications.

About Meesho Benefits

Let’s check about Meesho’s benefits given below:-

• Meesho provides the option of easy returns and exchanges.
• Meesho assumes complete responsibility for getting the necessary done, even free of charge if a customer does not like the product and wishes to swap or return it. They are encouraging the person to purchase additional goods.
• Meesho handles shipping and delivery, and there is no charge. Meesho collaborates with reliable logistic partners who ship the goods to customers across India.
• They boost their customer base and foster greater customer trust by providing cash on delivery.
• Meesho collaborates with recognized manufacturers and suppliers. They only work with reliable manufacturers and offer top-notch products on the app. These products are available to resellers in one location. As a result, clients are spared the hassle of contacting several vendors for their various requirements separately.
• Meesho provides its workers with the option of working from home.

To earn money from Meesho you just need to distribute product images from the Meesho app on social media sites like WhatsApp, Facebook, Instagram, etc. In other words, it is a way to contact many customers while working from home.

This is all About Meesho Company and the benefits of using Meesho’s website. Hope you liked the information about this E-Commerce Website.

You can share your experience with Meesho in the comment section and give reviews about Meesho website.

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References

*[ICANN Lookup]

**[SimilarWeb meesho.com] Retrieved 10th March, 2023

***[Siteprice meesho.com] Retrieved 10th March, 2023

Note: Data given in the table at the beginning of the article are subject to change, please check the reference websites for latest value.