Meesho Company Market Research Report

Company Overview

Name: Meesho

Mission of the Company

Democratize Internet Commerce for Everyone.

When was the Company Founded and by Whom

Founded in August 2015 by Vidit Aatrey and Sanjeev Barnwal.

Key People in the Company

Vidit Aatrey - Co-Founder and Chief Executive Officer

Sanjeev Barnwal - Co-Founder and Chief Technology Officer

Dhiresh Bansal - Chief Financial Officer

Ashish Kumar Singh - Chief Human Resources Officer

Akash Singh - General Manager - Financial Services

Megha Agarwal - General Manager - Business

Sourabh Pandey - General Manager - Fulfilment & Experience

Prasanna Arunachalam - General Manager - Monetisation

Sagarika Ayyannamahanthi - Chief of Staff

Headquarters

No information is available.

Number of Employees

No information is available.

Revenue of the Company

No information is available.

What is the Company Known For

Meesho is known for being India's only true e-commerce marketplace enabling small businesses to sell online without any investment and for offering a 0% commission model for sellers.

Products

What Products Do They Offer

Meesho operates a platform that enables anyone to start a virtual store and sell products online.

High-Level Description of the Product

Online Marketplace Platform: A mobile-first platform that allows small businesses and individuals to sell products on various social media channels like WhatsApp and Facebook.

Key Features of the Product

Zero Commission for Suppliers: No commission is charged from suppliers to list their products.

High Growth Platform: Extensive reach with millions of monthly orders and users.

Ease of Access: User-friendly interface designed for users with minimal or no prior e-commerce experience.

Scalability and Reliability: Built to handle high traffic events like sales with resilient systems.

Recent Developments

What are the Recent Developments in the Company

April 2022: Meesho records over 100 million transacting users.

May 2022: Hits 6 lakh sellers milestone.

June 2022: Records 53.5 lakh orders during a one-day sale event.

September 2022: Creates a new record, clocks ~87.6 lakh orders on the day one of Mega Blockbuster Sale.

December 2022: Nearly 130,000 sellers became lakhpatis and 6,000 sellers became crorepatis on Meesho through the year.

February 2023: Becomes India’s fastest e-commerce platform to cross 10 lakh sellers milestone.

March 2023: Becomes the fastest shopping app globally to cross 500 million downloads.

June 2023: Earned a spot on TIME’s 2023 list of 100 most influential companies.

What are the New Products Launched

No information is available.

What are the New Features Added to the Existing Products

No information is available.

Any New Partnerships

November 2022: Joins Open Network for Digital Commerce (ONDC) to help connect buyers with hyperlocal sellers.

Note: The report contains only the information available from the given data sources. Detailed financial metrics and other specific employee or headquarters information were not provided.