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Meesho Gst Report Download Date

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Berniece Rybacki

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Jan 2, 2024, 3:07:07 PM1/2/24
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The Series D round was led by Naspers, with existing investors SAIF, Sequoia, Shunwei Capital, RPS and Venture Highway participating as well. Facebook also participated in the round, as did Arun Sarin, former CEO of Vodafone Group. The four-year-old startup has raised $190 million to date.



meesho gst report download date

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Meesho made history as per various news reports of August 2023 by becoming India's first profitable horizontal e-commerce company. Meesho processed over a billion orders in the previous year FY22, a stunning growth of 43%, with 85% of these transactions coming from repeat customers. Additionally, over the same 12-month period, the company's sales increased by an astonishing 54 percent, highlighting its strong position in the e-commerce sector.


In the fiscal year FY22, Meesho achieved remarkable growth, with total revenue reaching Rs 3,232 cr. This figure marked an impressive 300% increase compared to the Rs 792 Cr reported in the previous fiscal year FY21.


Meesho announced that a smear campaign was raging against the company, which is why it sent a legal notice to the social media influencers and the people associated with them, as per the reports dated June 7, 2022. This was not the first time when the company noticed such incidents, Twitter users, Udita Pal and Aashima Arora were earlier involved in defaming Meesho against monetary benefits. On Meesho smear campaigns, the Advertising Standards Council of India (ASCI) has replied that if the influencers have received money to post tweets against Meesho to soil the company's name and reputation, then they are liable for prosecution, as of June 10, 2022 reports.


Vidit Aatrey mentioned Meesho's plans to list on the bourses in the next 12-24 months, as per the news dated June 13, 2022. However, the CEO of Meesho didn't quite ascertain whether the company would be listed on the Indian stock markets or of the US. Aatrey also confirmed that the startup would also be looking to achieve profitability by that time.


New Delhi: Homegrown social commerce platform Meesho has reportedly shut down its grocery business called Superstore in more than 90 per cent of cities in India (except Nagpur and Mysuru), resulting in several job losses. According to an Inc42 report, nearly 300 employees have lost jobs after the shuttering of Meesho Superstore. When reached, the company did not comment on the development. Trending Now






MEESHO PAYMENTS PRIVATE LIMITED's Corporate Identification Number (CIN) is U67190KA2019FTC123770. You can contact them by sending an email to vidit.aatrey meesho.com or visit them at their registered address Surya Square, No 20, Intermediate,Ring Road, Srinivagilu, Koramangla,BANGALORE,Bangalore-560047,Karnataka.


The new round -- a Series E -- gives the five-year-old startup a valuation of $2.1 billion, up from about $600 million-$700 million in the 2019 Series D investment. The Indian startup, which has raised about $490 million to date, said existing investors Facebook, Prosus Ventures, Shunwei Capital, Venture Highway and Knollwood Investment also participated in the new round.


Bangalore-based Meesho operates an eponymous online marketplace that connects sellers with customers on social media platforms such as WhatsApp, Facebook and Instagram. Its offerings include order management, taking care of logistics, online payments, real-time shop updates and allowing businesses to get their customers to subscribe.


Hevo streamlined the data pipelines at Meesho, directly impacting the data visibility across all business users. With a front-end reporting tool (Metabase) all teams track their core metrics and create custom reports in real-time on the data made available by Hevo.


Since the implementation of Hevo, the data team focuses on generating extensive reports on customer and seller analytics. The freed up bandwidth is being used to focus on predictive analytics projects that can bring in futuristic insights to the table.


In a report released last week, Meesho revealed that it had driven a gross merchandise volume (GMV) of $4.5 billion in 2022, a nine-fold growth over the previous year. The report also stated that the company had been resolutely cutting costs and reducing its expenses.

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