Meesho’s Revenues Soar, But Losses Widen Ahead of Listing

[madtrader]

In its latest filings, Meesho reported a sharp revenue jump to ₹55.78B for the six months ending September, up from ₹43.11B year-over-year. Net merchandise value rose 44%, yet losses deepened to ₹4.33B. With over 234M transacting customers and 706K sellers, Meesho’s rapid scale continues to test profitability.

[Nahid Hossen]

Fast revenue growth with widening losses is a classic pre-IPO pattern.