Facebook invests $25m in Indian social commerce startup Meesho: Report

Facebook invests $25m in Indian social commerce startup Meesho: Report

The Facebook logo is displayed and lit on a wall. Photo: Alex Haney/Unsplash

Facebook invested as much as $25 million (Rs 173 crore) in Bengaluru-headquartered social commerce startup Meesho, according to a report by The Hindu Business Line.

Meesho, a digital platform backed by Sequoia Capital, SAIF Partners, Bain Capital, Shunwei Capital, DST Partners and RPS Ventures, enables resellers to reach their customers via social media platforms such as Facebook, WhatsApp and Instagram.

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