.
MergerLinks Header Logo

New Deal


Announced

SoftBank Vision Fund 2 led the $300m Series E round in Meesho at a $2.1bn valuation.

Financials

Edit Data
Transaction Value£218m
Consideration TypeCash
Capital Owned-
Capital Bid For14%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Cross Border

social commerce platform

E-commerce

India

Completed

Single Bidder

Acquisition

Friendly

Private

Private Equity

Minority

Venture Capital

Synopsis

Edit

SoftBank Vision Fund 2 led the $300m Series E round in Meesho, a social commerce platform in India, at a $2.1bn valuation. Existing investors including Prosus Ventures, Shunwei Capital, Venture Highway and Knollwood Investment also participated in the round. “With the new round of funding, we are extremely thrilled to have SoftBank onboard. We are focused on expanding our vision — from helping aspiring women entrepreneurs to creating Meesho as a single ecosystem that will enable all small businesses in India to succeed online. In the last one year, we have seen tremendous growth across small businesses and entrepreneurs seeking to move their businesses online. And with our new vision we will enable 100m small businesses to start, succeed and lead their operations online with Meesho as their partner in their journey," Vidit Aatrey, Meesho Founder and CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US