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Home » Meesho to raise $1bn
Funding

Meesho to raise $1bn

News DeskBy News Desk25 November 2021Updated:25 November 2021No Comments1 Min Read
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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.

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