meesho

Amazon takes on India rivals with Bazaar, a low-cost fashion store

Amazon has quietly introduced a “special store” called Bazaar in India, featuring affordable and trendy fashion and lifestyle products, as it ramps up efforts against Walmart-owned Flipkar

Amazon to launch ‘special store’ for value fashion in India

Amazon is preparing to make another attempt to break into India’s fast-growing fashion and lifestyle e-commerce sector, setting up a battle with rival Flipkart, owned by Walmart; Reliance’s Aj

Meesho taps micro-entrepreneurs to plug gaps in India’s supply chain network

India is one of the fastest growing economies, yet its supply chain system remains antiquated, operating much as it did decades ago. The logistics sector is highly fragmented, with a majority of small

Fidelity cuts Meta-backed Meesho valuation to $3.5B

Fidelity has cut the value of its holding in Meesho by 33.6% since the original investment, giving the Indian social commerce startup a valuation of $3.25 billion. Adjusted for outstanding shares, Mee

Meesho GMV tops $5B; app grows faster than Flipkart, Amazon India

India’s Meesho is rapidly gaining user traction, challenging entrenched leaders Flipkart and Amazon. The Bengaluru-headquartered startup, which operates a social commerce platform, is currently

WestBridge evaluates buying stake in Meesho at a discount

WestBridge Capital is in advanced stages of talks to purchase shares of Meesho worth tens of millions of dollars in the secondary market, according to two people familiar with the matter, as the high-

Coupang says no plans to enter India

Coupang doesn’t plan to enter the Indian market, the company said, refuting a local media report that claimed that the South Korean e-commerce firm had expressed interest in entering the South A

India’s Meesho cuts 251 jobs to ‘accelerate timeline to profitability’

Meesho cut 15% of its workforce, or 251 roles, on Friday as the Indian social commerce startup pares its expenses to improve its financial health and confront the “economic reality.” This

Amazon, facing ‘unfavorable’ regulatory environment, struggles to expand in India

Amazon is lagging its chief rival Flipkart in India on several key metrics and struggling to make inroads in smaller Indian cities and towns, according to a scathing report by investment firm Sanford

Facebook parent Meta eyes investment in Indian app Better Opinions

Facebook-parent Meta, which counts India as its largest market by users, is gearing up to make its third startup investment in the South Asian market. The American social media group, which invested i

Amazon acquires India’s GlowRoad in social commerce push

Amazon may be attempting to take on Shopify in the west, but in India, it is gearing up to explore social commerce. Amazon has acquired the Indian social commerce startup GlowRoad in an all-cash deal

India’s Meesho likely to postpone new funding amid market uncertainty

Meesho has let go over 150 employees and is looking to eliminate at least as many more positions as the Indian social commerce attempts to streamline its operations following an ongoing struggle to pu

The latest list of YC-backed companies worth over $150M is the most geographically diverse yet

In 2018, Y Combinator released its first mega list of the top companies valued at $150 million or more that have gone through the accelerator. Over the past four years, it’s updated the list to ref

Depict.ai raises $17M to give e-commerce sites Amazon-level product recommendation muscle

Amazon rules the roost when it comes to e-commerce, not just because of its size but because of how it uses that to amass large amounts information that it in turn uses to continue feeding the machine

Indian social commerce DealShare bags $45 million from ADIA, eyes international expansion

Abu Dhabi Investment Authority is backing the Indian social commerce startup DealShare, the two said Thursday, joining a roster of marquee investors doubling down on India’s fast-growing e-commerce

YC-backed Namibian startup JABU gets $3.2M for its B2B e-commerce and retail play

Namibian business-to-business e-commerce startup JABU confirmed to TechCrunch that it has raised a $3.2 million financing round. The seed round, which was closed last year, welcomed investors such as

India’s Mensa, a house of DTC brands, becomes unicorn in just six months

Mensa Brands, an Indian startup that acquires direct-to-consumer brands and helps them scale within the home market and overseas, has become a unicorn just six months after launching its business. Fal

Tiger and Falcon look to double down on Indian social commerce startup DealShare

Tiger Global and Falcon Edge Capital are looking to double down on their bets on DealShare, becoming the latest high-profile investors to go all-in on India’s nascent but growing social commerce

Google in talks to invest in Facebook-backed Indian social commerce Meesho

Google has held discussions to invest over $50 million in Indian social commerce startup Meesho, which recently secured $570 million in a financing round, according to a source familiar with the matte

Indian social commerce Meesho raises $570 million at $4.9 billion valuation

Meesho has more than doubled its valuation in less than six months, to $4.9 billion, as a growing number of high-profile investors back the Indian social commerce startup that is reporting strong grow
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