Meesho Valuation, Funding & Shareholders Breakdown – 2024

Meesho Valuation

Meesho is one of the most popular online reselling platforms in India. It is an e-commerce platform that works on a B2B model. It enables the buying and selling of a wide range of products including apparel accessories, cosmetics, utensils, furniture, electronics, etc. Do you know Meesho valuation was the talk of the town in the current fiscal year? It was valued at $4.4 billion (Rs.36,080 crore) as on May 30, 2023.

Meesho Valuation

Aren’t you curious to know its shareholders and the funding rounds that led to its enormous valuation? 

If yes, then stick to this article and you will get all the info about it!

Fundings & Shareholders Breakdown

Recently, Meesho came into the limelight due to its cheap/affordable products. This raised a query among folks- Why Meesho products are so cheap

The primary reason behind it is the promising business model of Meesho. However, another reason for being in the headlines is its potent VCs that act as the backbone of the company. All thanks to those venture capitalists due to which Meesho valuation rose to Rs.36,080 crore.

Let’s look at the funding rounds of Meesho-

Venture Capitalists (Lead Investors)Funding AmountSeries of the Funding Rounds
Trifecta Capital AdvisorsUndisclosedDebt Financing Round
(20th October 2021)
B Capital Group Fidelity Management
and Research Company
$570 million
(Rs.4,674 crore)
Series F
(30th September 2021)
SoftBank Vision Fund$300 million
(Rs.2,460 crore)
Series E
(5th April 2021)
Prosus & Naspers$125 million
(Rs.1,025 crore)
Series D
(12th August 2019)
Meta$25 million
(Rs.205 crore)
Corporate Round
(14th June 2019)
DST Partners,
RPS Ventures,
Shunwei Capital
$50 million
(Rs.410 crore)
Series C
(5th November 2018)
Peak XV Partners$11.5 million
(Rs.94 crore)
Series B
(7th June 2018)
Elevation Capital$3.4 million
(Rs.27 crore)
Series A
(12th October 2017)
Y Combinator$120 thousand
(Rs.98 lakhs)
Seed Round
(18th August 2016)
Investopad, Rajul Garg, Venture Highway$180 thousand
(Rs.1.4 crore)
Angel Round
(1st March 2016)
Funding Rounds of Meesho

Meesho has raised a total of $1.1 billion in funding over 11 rounds. Its latest funding round occurred on 20th Oct 2021.

Currently, Meesho valuation is Rs.36,080 crore ($4.4 billion). Unfortunately, the company has not disclosed the percentage of shares owned by each shareholder in the current fiscal year.

Is Meesho Profitable

Let’s have a quick detour to the financials of Meesho in the fiscal year 2022-

Meesho Financials (FY22)Amount (in Crores)
Market ValuationRs.36,080 crore ($4.4 billion)
RevenueRs.3,232 crore
ExpensesRs.6,607 crore
Profit/LossLoss of Rs.3,247 crore
Meesho’s Financials (FY22)

As you can see, the B2B firm Meesho’s revenue jumped to 4.5X to Rs.3,232 crore in FY22. In the last fiscal year, it earned a revenue of Rs.792 crore. That sounds quite good! Isn’t it? Unfortunately, its losses widened too at the scale of 7.5X.

Its primary revenue sources are-

  • Commission
  • Logistics
  • Advertisements
  • Data

Despite having diverse revenue sources, it couldn’t make profits. The whopping losses of Rs.3,247 crore have occurred mainly due to its heavy expenditures.

Expenses: Meesho’s Expenditures

The following table provides a brief breakdown of Meesho’s expenditure costs-

ExpensesAmount in FY22Amount in FY21
Logistics & Fulfilment CostsRs.2,829 croreRs.632 crore
Advertising ExpensesRs.2,579 croreRs.424 crore
Employee Benefit ExpensesRs.509 croreRS.149 crore
OthersRs.690 croreRs.132 crore
Meesho’s Expenditures

As you can see, the expenditure on some of the verticals surpassed the amount of revenue. That it earned during the respective fiscal year. Most of them grew over 4.4 times. However, the company has been trying to reduce the burn on expenditures. But it must compete with pre-established e-commerce giants like Flipkart and Amazon. That is why it must introduce new policies and creative advertisements.

Future Plans of Meesho

The B2B e-commerce firm experienced an exponential rise during the days of the pandemic. However, in the post-covid era, it continues to face tough competition from other e-commerce players. Thankfully, the reseller business model of selling apparel and other commodities through intermediaries is still a highlight of Meesho. It is still a significant brand admired in tier-2 cities due to its super-affordable products. 

Meesho is going to explore more verticals to expand its services. It will bring innovative methods to gain a strong foothold in the B2B industry! Also, it is planning to go public in the next two years.

Related Posts:

Photo of author
Published By: Supti Nandi
Notify of
1 Comment
Newest Most Voted
Inline Feedbacks
View all comments
Shivangi Kant
Shivangi Kant
10 months ago

No doubt Meesho has made its presence in the market by leaving rivals like Dealshare, Huboo, SimSim etc.Currently giving huge competition to other big giants like Flipkart,Myntra, Amazon. Meesho tagline clearly states- Not just a homemaker,a Meesho entrepreneur. A person can easily buy any product of their choice at a low cost. Also, they have launched a reseller thing in which one can sell their products online with zero investment. This is something attractive and catchy to the ones who want to sell something by sitting back at home and earning some part from Meesho. It gives confidence to Females especially to start their careers and stand independently in society.