Meesho turns unicorn with $300M funding, valuation jumps to $2.1B

Social commerce platform Meesho has raised $300 million in a financing round that has valued the startup at $2.1 billion, making it India's latest unicorn. The round was led by SoftBank Vision Fund 2 and saw participation from existing investors like Prosus Ventures, Facebook, Shunwei Capital, Venture Highway and Knollwood Investment. Meesho was last valued at $700 million in 2019.