Meesho is finalising a financing round of nearly $1 billion. This may take its valuation to around $8 billion.
Leading in social commerce space
The fundraising comes after the firm’s valuation doubled to $4.9 billion in September. Investors led by US asset manager Fidelity had pumped in $570 million then. In April, Meesho was valued at $2.1 billion after raising $300 million.
The new round may get finalised in January. The company has doubled its numbers since its last funding round. Meesho has become a leading player in the social commerce space.
