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Meeshos: Meesho spokesperson said, “We would like to express our heartfelt gratitude to Utkrishta Kumar who has decided to move on to pursue his entrepreneurship dream after a successful 5-year stint with Meesho. He has been instrumental in shaping Meesho’s business and has played a key role in our success over the years.”
Jio Financial Services, which was recently spun off from Reliance Industries and listed as a separate entity, made a strong showing in the September quarter.
Meesho , a SoftBank-backed value commerce platform, is going through a leadership reorganization as Utkrishta...
The share of online sales for Rakhis has increased from 1.5% in 2018 to 7% in 2022, as e-commerce firms report a rise in demand from both metro cities and tier 1 and 2 cities. Amazon, Myntra, and Meesho have all witnessed significant growth in Rakhi orders, with Meesho reporting a 2.5 times increase in demand post-pandemic. Ferns N Petals (FNP) has also seen substantial website traffic growth from tier 2 and 3 cities, with one-third of their annual business revenue generated during Rakshabandhan.
Meesho said its "Project Suraksha" systems has detected and blocked over 12,000 bad actor accounts from accessing the platform.