Meesho has turned into a poster boy of social commerce in India because of its quick growth in smaller cities where mainstream e-commerce companies are yet to make a strong inroad. The growth of the company could also be gauged from its 1200% leap in revenue in FY19. 

But quick growth often comes with a high burn and Meesho is no exception. The firm’s losses ballooned by 20 times in the last fiscal as compared to FY18.

Continue reading Meesho operational revenue surges to Rs 80 Cr in FY19, losses balloon by 20X at Entrackr.