Meesho Snapshot
Democratize Internet Commerce for Everyone
Founded by two IIT-Delhi graduates, Vidit Aatrey and Sanjeev Barnwal in 2015, Meesho is India’s only true e-commerce marketplace. Meesho, which stands for "meri shop" or "my shop", connects millions of consumers with small sellers across India.
India’s unorganized retail represents a c.$800bn+ Target Addressable Market (TAM), which is 80-85% of the overall retail sector. In India, e-Commerce is expected to grow to c.$170-180bn by 2027 (c.35% CAGR ‘22-’27) led by nearly 500mm online shoppers in India, versus the current c.200mm base. This growth is expected to be led by consumers who are transitioning directly from unorganized trade to e-Commerce, especially those in the rising middle class of India. Meesho’s differentiated business model focuses on the underserved small sellers and value-first consumers. Leveraging tech innovations, seller-friendly policies and an asset-light structure, the platform has emerged as the lowest-cost destination catering to India’s price-conscious customers.
With a vision to be the e-Commerce destination for the next billion Indian consumers and enable 100 million small businesses to succeed online, Meesho is democratizing internet commerce in India. The company provides sellers with a range of industry-first benefits such as zero commission and the lowest shipping cost. Over 1.4 million sellers are registered on Meesho, growing their business by tapping the company’s massive customer base, state-of-the-art tech infrastructure, pan-India logistics at the lowest cost through third-party logistics providers in an ‘Everyday Lowest Cost’ channel for sellers.
With ~80% of Meesho’s 140 million annual transacting customers coming from tier 2+ cities and towns, the company has been instrumental in bringing new-to-e-commerce users online. Meesho has made e-Commerce more accessible, affordable and engaging for a unique and underserved ‘non-affluent’ user segment. With a strong value proposition of Everyday Lowest Prices, the platform hosts one of the largest selection of unique products (>65% product listings are unique to Meesho).
Meesho has so far raised ~$1.1 billion and was valued at c.$5 billion in its last round of funding, making it one of India’s most well capitalized growth names in the consumer internet space. It was also the first Indian startup to secure funding from Meta (Facebook). Other marquee investors such as SoftBank Vision Fund, Prosus Ventures, Elevation Capital, Sequoia Capital, Fidelity and BCapital Group have backed the company across multiple rounds.
Be an agent of change. Join us today. We are hiring!
**Also, Be sure that your job offer is genuine!**
It has come to our notice that some people are using the name and logo of Meesho with a view to tarnish the image and reputation of Meesho. They are fraudulently offering jobs online on certain websites, through telephone calls or social media (Telegram, Whatsapp, Instagram etc.) and are asking people to deposit money or share personal bank information.
To prevent any more people falling victim to these frauds, we are sharing some information to help you spot genuine offers
How to identify genuine job offers?
1. During Meesho’s multi-round and merit-based employment recruitment practice, we NEVER charge, request or accept any fee or money from job seekers during or after the process.
2. Meesho will not ask for any confidential or financial information such as bank account number, tax details, recruitment fee, security deposit and similar during the selection process. After the offer letter is rolled out, the bank account details will be asked for however only send them to a ‘@meesho.com’ email address. Never share OTPs with anyone.
3. Meesho only collaborates with well-established recruitment agencies who are authorized by the company to source candidate profiles. However, they are not authorized to charge money/ fee to the applicants or to make a final job offer.
4. Job seekers will always get a final offer from a ‘@meesho.com’ email address.
5. If you are uncertain about the authenticity and description of the job opportunity, please visit our careers portal Meesho Careers as all our jobs are published there.
6. In case of any doubt about the interviewer, the interview process or the job description, feel free to reach out to reporthiringfraud@meesho.com to verify the authenticity of the information.
7. If you believe you have been a victim of recruitment fraud, please contact law enforcement agencies immediately.
India’s unorganized retail represents a c.$800bn+ Target Addressable Market (TAM), which is 80-85% of the overall retail sector. In India, e-Commerce is expected to grow to c.$170-180bn by 2027 (c.35% CAGR ‘22-’27) led by nearly 500mm online shoppers in India, versus the current c.200mm base. This growth is expected to be led by consumers who are transitioning directly from unorganized trade to e-Commerce, especially those in the rising middle class of India. Meesho’s differentiated business model focuses on the underserved small sellers and value-first consumers. Leveraging tech innovations, seller-friendly policies and an asset-light structure, the platform has emerged as the lowest-cost destination catering to India’s price-conscious customers.
With a vision to be the e-Commerce destination for the next billion Indian consumers and enable 100 million small businesses to succeed online, Meesho is democratizing internet commerce in India. The company provides sellers with a range of industry-first benefits such as zero commission and the lowest shipping cost. Over 1.4 million sellers are registered on Meesho, growing their business by tapping the company’s massive customer base, state-of-the-art tech infrastructure, pan-India logistics at the lowest cost through third-party logistics providers in an ‘Everyday Lowest Cost’ channel for sellers.
With ~80% of Meesho’s 140 million annual transacting customers coming from tier 2+ cities and towns, the company has been instrumental in bringing new-to-e-commerce users online. Meesho has made e-Commerce more accessible, affordable and engaging for a unique and underserved ‘non-affluent’ user segment. With a strong value proposition of Everyday Lowest Prices, the platform hosts one of the largest selection of unique products (>65% product listings are unique to Meesho).
Meesho has so far raised ~$1.1 billion and was valued at c.$5 billion in its last round of funding, making it one of India’s most well capitalized growth names in the consumer internet space. It was also the first Indian startup to secure funding from Meta (Facebook). Other marquee investors such as SoftBank Vision Fund, Prosus Ventures, Elevation Capital, Sequoia Capital, Fidelity and BCapital Group have backed the company across multiple rounds.
Be an agent of change. Join us today. We are hiring!
**Also, Be sure that your job offer is genuine!**
It has come to our notice that some people are using the name and logo of Meesho with a view to tarnish the image and reputation of Meesho. They are fraudulently offering jobs online on certain websites, through telephone calls or social media (Telegram, Whatsapp, Instagram etc.) and are asking people to deposit money or share personal bank information.
To prevent any more people falling victim to these frauds, we are sharing some information to help you spot genuine offers
How to identify genuine job offers?
1. During Meesho’s multi-round and merit-based employment recruitment practice, we NEVER charge, request or accept any fee or money from job seekers during or after the process.
2. Meesho will not ask for any confidential or financial information such as bank account number, tax details, recruitment fee, security deposit and similar during the selection process. After the offer letter is rolled out, the bank account details will be asked for however only send them to a ‘@meesho.com’ email address. Never share OTPs with anyone.
3. Meesho only collaborates with well-established recruitment agencies who are authorized by the company to source candidate profiles. However, they are not authorized to charge money/ fee to the applicants or to make a final job offer.
4. Job seekers will always get a final offer from a ‘@meesho.com’ email address.
5. If you are uncertain about the authenticity and description of the job opportunity, please visit our careers portal Meesho Careers as all our jobs are published there.
6. In case of any doubt about the interviewer, the interview process or the job description, feel free to reach out to reporthiringfraud@meesho.com to verify the authenticity of the information.
7. If you believe you have been a victim of recruitment fraud, please contact law enforcement agencies immediately.
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