Friday, 24 March, 2023

Meesho raises $570M to reach valuation of $4.9B in Series F round

<p>Doubling its valuation in less than six months, Indian social commerce company Meesho has said that it has raised another $570M at a valuation of $4.9B. The Series F round was co-led by B Capital Group and Fidelity. Some other investors participating in the round were Prosus Ventures, SoftBank Vision Fund 2, Facebook, Good Capital, etc. While already growing fast, Meesho has set a goal of reaching 100M transacting users by the end of next year.</p>