The Latest Breaking News from Meesho

Delhivery CEO Sahil Barua anticipates no "irrational pricing" or heavy capital expenditure in the third-party logistics sector, despite projected ecommerce growth. He believes third-party players will gain market share from first-party operators like Amazon and Flipkart due to cost efficiencies.

Smallcap stocks, including IIFL Finance, Meesho, and GRSE, surged up to 7% on Wednesday, outperforming benchmark indices. This rally occurred despite broader market caution, with the Nifty Smallcap 100 index showing robust gains. Experts remain optimistic about mid and smallcap earnings, viewing recent corrections as opportunities.

BENGALURU: India's best-known IT firms and startups have asked staff to work from home as torrential rains brought chaos to the streets of the technology hub, marooning roads and snapping water and electricity supplies.

The ‘Saamarthya’ scheme, launched under the MoU, will offer assistance for self-employment to rural women

BENGALURU: Internet commerce platform Meesho has recorded 5.3 million orders during its flagship sale event -- Maha Indian Savings Sale -- that was held on Sunday.

Mid-to-late stage startups after raising record funds last year are now struggling to survive.

NAVI MUMBAI: A medical inspector attached to office of joint commissioner, Food and Drug Administration (FDA), Thane, on Saturday registered an FIR against Meesho, an online shopping portal, and M/s SS Traders, a medicine distributor based in Delhi, for selling abortion drugs online without doctor's prescriptions.

Facebook parent Meta Platforms Inc (NASDAQ:FB) and SoftBank Group Corp's (OTC:SFTBY) (OTC:SFTBF) Vision Fund 2 backed Indian startup, Meesho, looks to go public in early 2023, Reuters reports. The Bengaluru-based social commerce platform is rooting for a listing by the end of 2022. Meesho is evaluating both Indian and U.S. exchanges. Resellers on the company's…