Facebook-backed Meesho may raise up to $200 mn led by SoftBank

Bengaluru-based e-commerce startup Meesho is reportedly in talks to get SoftBank to lead potential fundraising of $150-200 million. Facebook marked its first direct Indian startup investment of reportedly about $25 million with Meesho in June. Founded in 2015 by IIT-Delhi alumni Vidit Aatrey and Sanjeev Barnwal, Meesho has raised $125 million in a Series D funding round led by Naspers.