Private Equity PE Fund Investments
E-tail unicorn Meesho makes first close of new round at $275-M
Source 4.9 billion when it last raised capital (opens in a new tab)valued at USD (opens in a new tab)Economic Times (opens in a new tab)
Bengaluru-based e-commerce platform Meesho has closed USD 275 million in a new funding round through a mix of primary and secondary share sales.The startup, which started as a social commerce platform, is reportedly being valued at about USD 3.9 billion in the round. Meesho has raised more than USD 1.2 billion to date and was valued at USD 4.9 billion when it last raised capital in September 2021.