TOKYO -- Indian e-commerce startup Meesho on Thursday said it raised $570 million from a group of investors in a funding round that valued the company at $4.9 billion.
Startups
Indian e-commerce startup Meesho doubles valuation to $4.9bn
Company to focus on scaling business before going public, CEO says
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Meesho was founded in 2015 as an online marketplace offering clothes mainly to female resellers, who earn commissions by recommending the products on social media platforms. (Screenshot from Meesho website)
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