Meesho receives $192 Mn from parent entity
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Social commerce platform Meesho has received $192 million from its parent entity, Meesho Inc. In September 2021, Meesho had raised $570 million in a funding round led by Fidelity Management and Eduardo Saverin’s B Capital Group at a post money valuation of $4.9 billion. The infusion is likely to be used to ramp up its scale during the festive season.