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Meesho first Indian startup to get Facebook investment

“This is Facebook’s first investment in an India-based start-up, and is a strong demonstration of the company’s commitment to (India’s) vibrant internet ecosystem,” Facebook said.

By: ENS Economic Bureau | New Delhi | Published: June 14, 2019 4:09:22 am
Facebook, Facebook India, Bengaluru start-up Meesho, Meesho, what is Meesho, Meesho Facebook investment, social media, indian express Meesho, it said, is a platform that enables Indian entrepreneurs to establish online businesses through social channels.

Facebook India Thursday said it has invested in Bengaluru-based start-up Meesho, which connects buyers and sellers on social media platforms. “This is Facebook’s first investment in an India-based start-up, and is a strong demonstration of the company’s commitment to (India’s) vibrant internet ecosystem,” Facebook said.

Meesho, it said, is a platform that enables Indian entrepreneurs to establish online businesses through social channels. The start-up offers a three-way marketplace enabling re-sellers, SMBs and micro-entrepreneurs across India to connect with potential buyers.— FE

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