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Meesho — news, coverage & facts — IJR

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Meesho — Meesho · Public domain

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Meesho

Indian Origin social commerce platform

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Business
Meesho Q1 Revenue Rises 48%, Losses Narrow
Meesho reported Q1 FY27 revenue of about ₹3,713 crore, up roughly 48% year-on-year, while net loss narrowed by about 54% to ₹133 crore and total income including non-operating income was around ₹3,826 crore. The results show higher expenses as Meesho invests in AI-driven cataloging and demand forecasting, notes NMV growth and 725 million orders, and confirms strategic moves like acquiring Kirana Club to bolster its grocery/digital retail footprint, with marketplace and new initiatives continuing to incur EBITDA losses.
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Photo: Indian — Wikimedia Commons / Wikimedia Commons
Finance
Q1 Earnings Season Kicks Off Across India
Indian markets brace for a high-volume Q1 FY27 earnings day on July 23, with about 60 companies including Infosys, IndiGo, Cipla, Meesho, PVR Inox and others reporting, as investors weigh AI spending, travel demand, margins, and fuel costs. Analysts anticipate Infosys to show modest revenue growth with margin gains and IndiGo to lift yields despite fuel-cost headwinds, signaling a pivotal moment for guidance across IT, aviation, and consumer sectors.

Facts from Wikidata (CC0). Image via Wikimedia Commons (Public domain).

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Meesho Limited is an Indian e-commerce company, headquartered in Bengaluru. Founded by Vidit Aatrey and Sanjeev Barnwal in December 2015, Meesho is an online marketplace in categories such as fashion, home and kitchen, beauty and personal care, electronics accessories, and daily use products.

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Country: India
Headquarters: Bengaluru, Karnataka
Website: https://meesho.com