Tag: Social Commerce

Social commerce platform Meesho lays off 200 employees: Report

Social commerce startup Meesho has reportedly laid off more than 200 employees of its 700-strong workforce. According to a recent report by the news website Entrackr, in an attempt to conserve cash during the pandemic, the startup has laid off over 200 employees just days after entering into the grocery delivery business. According to the…

Meesho raises $50 million in its series-C funding round from Shunwei Capital, DST Partners, and RPS Ventures.

Meesho, an Indian-origin social commerce platform on Tuesday announced that the company had raised $50 million in Series C funding from new investors including Shunwei Capital, DST Partners, and RPS Ventures. Existing investors Sequoia India, SAIF Partners, Venture Highway, and Y Combinator also participated in the round. Total funds raised by Meesho in three funding rounds…