Meesho IPO

About the Company

Key Highlights

• Founded in 2015, Meesho is a leading multi-sided e-commerce technology platform in India.
• Connects consumers, sellers, logistics partners, and content creators on its marketplace.
• Offers a wide range of affordable products to consumers and a low-cost platform for sellers to grow their businesses.
• Demonstrated strong operational growth, with 706,471 annual transacting sellers and 234.20 million annual transacting users for the twelve months ended September 30, 2025.
• Operates its integrated logistics network under the Valmo brand for efficient nationwide order fulfilment.
• Focused on cost efficiency, technological innovation, and expanding its digital ecosystem.

Business Model

Meesho operates primarily through its Marketplace segment, a technology-driven platform that facilitates transactions between consumers, sellers, logistics partners, and content creators across India. Revenue in this core segment is generated from various services provided to sellers, including order fulfilment, advertising opportunities, and seller insights designed to help them optimize their businesses.

In addition to its marketplace, Meesho is actively developing New Initiatives to broaden its service offerings. These include a low-cost local logistics network tailored for daily essentials and a nascent digital financial services platform. A critical component of its operational infrastructure is Valmo, the company's integrated logistics network, which efficiently manages order fulfilment by coordinating with a wide array of third-party logistics providers, sorting centres, and truck operators across the country. Meesho's strategic approach emphasizes leveraging technology and maintaining cost efficiency to ensure positive cash flow while continually investing in new business verticals to expand its comprehensive digital ecosystem.