Fidelity, B Capital lead $570 mn funding in Meesho, valuation more than doubles to $4.9 bn

Meesho has raised $570 million in a funding round led by Fidelity and B Capital to double the R&D team and acquire more users, as the social ecommerce platform looks to compete directly with Amazon and Flipkart.

from Tech-Economic Times https://ift.tt/2Y1GUkE