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Meesho aims for profitability in FY24

The company also plans to surpass a revenue of Rs 10,000 crore by FY25Kolkata: E-commerce platform Meesho is aiming to achieve profitability in FY24 as it looks to increase revenue and optimise costs, according to a senior company official.Backed...

Reseller platform Meesho crosses 500 million downloads

The company reached the milestone in 6 years, with 274 million downloads in 2022 aloneBengaluru: Homegrown reseller platform Meesho has crossed 500 million cumulative downloads across Google Play and iOS App Store combined in six years according to data.ai, a...

Five home-grown fashion e-marketplaces

These ‘made in India’ e-commerce retail platforms rule the country’s online fashion market The online fashion market in India has been experiencing an unprecedented surge in the recent years contributing significantly to the growth of the country’s overall fashion industry....

E-commerce firm Meesho lays off 251 employees

All the affected employees will get one month extra severance pay beyond the notice period as well as ESOPs irrespective of the period they have been with the company, says founder of MeeshoNew Delhi: E-commerce firm Meesho has laid off...

Kinu Baby forays into e-commerce space

The company has launched its range on Amazon, Flipkart, Meesho and other e-commerce channelsNew Delhi: D2C brand Kinu Baby Care has partnered with leading e-commerce marketplaces to launch its latest range the company said in a press release.The company...

Meesho becomes India’s fastest e-commerce platform to cross 1 million sellers

More than 80% of Meesho’s 1.1 million sellers are new to e-commerce and selling online for the first time Mumbai: Meesho, an e-commerce marketplace, recently crossed the milestone of 1.1 million sellers on its platform with more than 600,000 small...

Influencer marketing platform One Impression raises $10 million from Krafton, others

The company will utilise the money to expand its offerings, accelerate product development, and grow its presence in international markets, the startup said in a statement Mumbai: Influencer marketing platform One Impression on Wednesday said it raised $10 million in...

Budget 2023: Make going public easy, says Dhiresh Bansal of Meesho

Easier listing on Indian bourses is on the Budget 2023 wishlist of Dhiresh Bansal, the chief financial officer of Meesho which will help pave the way for the social commerce company’s IPO India has 100 unicorns—technology startups that have crossed...

Unfavourable regulatory environment, the biggest roadblock for Amazon and Flipkart: Report

E-commerce marketplaces Amazon and Flipkart continue to be plagued with regulatory issues, which is among its biggest challengesMumbai: Despite their popularity and growth India’s two leading marketplaces Amazon and Flipkart continue to be plagued by an unfavourable regulatory environment,...

India shops the most on Sunday: Meesho

E-commerce marketplace Meesho found that in 2022, Sunday was the most preferred day to shop for Indians, while 8 PM every day was shopping prime timeMumbai: In its yearly round-up, e-commerce marketplace Meesho found in 2022, Sunday is the...
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Arvind Ltd Q4 profit rises 7.32% at Rs 104.42 crore

Consolidated revenue from operations during the quarter under review stood at Rs 2,074.51 croreNew Delhi: Textiles manufacturer Arvind...
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