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Facebook-backed Meesho may raise up to $200 mn led by SoftBank
short by Kanishka Pandey / on Tuesday, 13 August, 2019
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.
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