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vishakha Jangir
ย โขย
Set2Scoreย โขย 23d
๐๐ฒ๐ป๐ญ'๐ ๐ฒ๐ป๐๐ฟ๐ฒ๐ฝ๐ฟ๐ฒ๐ป๐ฒ๐๐ฟ๐ถ๐ฎ๐น ๐๐๐ผ๐ฟ๐ถ๐ฒ๐ ๐๐ฒ๐ฟ๐ถ๐ฒ๐: ๐๐ต๐ฎ๐ฝ๐๐ฒ๐ฟ ๐ฑ: Vidit Aatrey and Sanjeev Barnwal founded Meesho in their early 20s with the vision of enabling small sellers and homemakers to start businesses without heavy investment. The platform allowed people to sell products directly through WhatsApp, Facebook, and Instagram, removing barriers like inventory and complex logistics. It became especially popular among women and small-town entrepreneurs, helping millions start their first business using only a smartphone and internet. Meeshoโs zero-commission model empowered sellers, while the company earned revenue from advertising and logistics. Over time, Meesho grew to become one of Indiaโs largest e-commerce platforms, reaching Tier 2, 3, and even Tier 4 towns. The company built its own logistics arm, Valmo, to bring down fulfilment costs and improve efficiency. By FY 24, Meesho generated โน7,615 crore in operating revenue, growing 33% year-on-year, while reducing losses by 97% to just โน53 crore. It became the first horizontal Indian e-commerce company to achieve positive free cash flow of โน197 crore. The platform clocked 134.2 crore orders in FY 24, marking a 31% increase in order volumes. It reached 187 million unique annual transacting users, nearly 13% of Indiaโs population, with almost half from Tier-4 and smaller towns. Meesho commands the highest engagement time among Indian shopping apps, averaging 500 seconds per user per dayโhigher than Flipkart and Myntra. The business currently runs at a GMV run rate of $6.2 billion and is expected to grow at 26% CAGR through FY 31. The company is preparing for a $1 billion IPO in late 2025, with an expected valuation of $7โ10 billion, having already transitioned to a public limited entity. Its journey from a college-founded startup to a billion-dollar company has inspired millions of Gen Z entrepreneurs, proving that impactful businesses can be built at a young age.
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