India – Meesho, an e-commerce company headquartered in India, has recently secured a total of $550m in its latest funding round.
According to The Economic Times, the company raised an additional $250m to $270m from new investors, including Tiger Global, Think Investments, and Mars Growth Capital. This further includes continued involvement and support from Peak XV and WestBridge Capital.
Said development comes after the first phase of the funding round conducted in May 2024, where the company secured $275M, according to SEC filings.
Backed by SoftBank and Prosus, Meesho has also filed a petition with the National Company Law Tribunal (NCLT) to initiate a reverse merger. This strategic approach enables them to merge Meesho’s Indian entity, Fashnear Technologies, and its US-based operations.
Looking forward, the company is set to submit its IPO paperwork in late 2025 and is targeting a public listing in 2026, pending NCLT approval.
