After a decade of pivots, disciplined execution and sustained cash-flow strength, Meesho’s leadership says the company is entering public markets from a position of clarity and confidence, adding that it will continue prioritising long-term growth, affordability and customer focus over external benchmarks.
From WhatsApp boutiques to a billion orders, Vidit Aatrey’s Meesho cracked India’s value-conscious market. It will be the first major horizontal e-commerce platform to go public in India.
Meesho's founder and CTO, Sanjeev Barnwal, chats with us about how his company is using Artificial Intelligence (AI) to help customers and grow the e-commerce industry.
The start-up will use the funds to expand its presence pan India and set up an NBFC to help finance solar installation projects.
Aatrey’s comments come at a time when high-growth tech companies, which got listed on the bourses last year, including unicorns such as Paytm, Zomato, and PolicyBazaar, among others have been dumped by public market investors as these firms have never managed to show a company-level profit.
Sanjeev Barnwal, the founder of the internet commerce unicorn, said that success stories like these are a source of inspiration for Meesho.
Bhagia named Co-founder and COO of Share Chat, Faris Ahsan, and Meesho Co-founders Vidit Aatrey and Sanjeev Barnwal, among others as members of the community of founders who will work with the VC fund.
Welcome to the second episode of our brand new show, Bits to Billions: The Unicorn Story, where we take you through the journey of some of India’s most prominent and successful entrepreneurs. In this episode, online commerce firm Meesho’s founders Vidit Aatrey and Sanjeev Barnwal speak to Moneycontrol’s Chandra R Srikanth about Meesho’s journey from a social commerce channel to a mainstream e-commerce player, where a majority of its sale comes from direct channels, pitting it against Flipkart and Amazon
How Vidit Aatrey and Sanjeev Barnwal met, founded Meesho, and raised funds for an idea that had never been tested before.