Meesho in talks to raise up to $130m from South Africa’s Naspers: Report

A logo sits on display inside the headquarters of Napsters Ltd., at the Media24 Ltd. office complex in Cape Town, South Africa. Photographer: Halden Krog/Bloomberg

Bengaluru-headquartered social commerce startup Meesho has held talks with South African internet group Naspers to raise $120-130 million in a fresh financing round, The Economic Times reported.

If the funding deal goes through, Meesho can see its valuation surge up to $600-650 million.

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