Meesho raises $192 million from its parent company

by: Ahana Sarker

Meesho raises fund

Meesho raises $192 million from its parent company

by: Ahana Sarker

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TW Newsdesk, Sep 30: Online retailer Meesho has raised $192 million from its parent company Meesho Inc.

Meesho’s board passed a special resolution to issue 65,12,342 equity shares to its US-based parent entity at an issue price of Rs. 2,408 per share.

Meesho had raised $570 million in its Series F financing round in September 2021, which valued the Bengaluru-based firm at $5 billion.

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