Meesho IPO

About the Company

Key Highlights

• Incorporated in 2015, Meesho Limited operates as a multi-sided technology platform driving e-commerce in India.
• Connects four key stakeholders: consumers, sellers, logistics partners, and content creators.
• Offers an e-commerce marketplace under the Meesho brand, providing affordable products to consumers and a low-cost growth platform for sellers.
• Demonstrated strong operational growth, reporting 706,471 annual transacting sellers and 234.20 million annual transacting users as of September 30, 2025.
• Manages a dedicated logistics network, Valmo, which integrates third-party providers for efficient order fulfilment across India.
• Maintains a positive cash flow position due to a focus on cost efficiency and technological innovation.
• Strategically invests in new business verticals, including a low-cost local logistics network for daily essentials and a digital financial services platform.
• Employed 2,082 full-time employees as of September 30, 2025.

Business Model

Meesho primarily operates through its e-commerce Marketplace segment, a technology-driven platform that facilitates transactions between consumers, sellers, logistics partners, and content creators. This core business enables consumers to access a wide array of affordable products while providing sellers with a cost-effective platform to grow their businesses. Revenue from this segment is generated through services offered to sellers, such as order fulfilment, advertising, and valuable seller insights.

Beyond its core marketplace, Meesho is actively developing "New Initiatives." These include the establishment of a low-cost local logistics network, specifically tailored for daily essentials, and the creation of a digital financial services platform. The company's logistics operations are critical, managed under the brand Valmo, which integrates third-party logistics providers—including first and last-mile delivery partners, sorting centers, and truck operators—to ensure efficient and widespread order fulfilment across India. Meesho's strategic focus on cost efficiency and technological innovation underpins its operations and supports its expansion into new digital ecosystem verticals.