Technology
Meesho, an Indian social commerce platform with 150 million transacting users, raises $275 million

Meesho, India’s leading e-commerce startup with around 150 million transacting users, has secured $275 million in a brand new round of funding, says the corporate revealed within the securities filing.
The latest financing is a component of a bigger financing round that’s more likely to include secondary transactions and exceed an amount of greater than $500 million, people familiar with the matter told TechCrunch.
The Bengaluru-based startup, which operates a social commerce platform, is valued at around $3.9 billion on this round, the people said, asking to not be identified because discussions are still ongoing. The startup, which has raised over $1.2 billion so far, was valued at $4.9 billion when it last raised capital in September 2021.
Several investors tried to get into Meesho, including WestBridge Capital and Norwest Venture Partners. Last yr, WestBridge bought shares of Meesho from Venture Highway, an early sponsor. The company counts Meta, Fidelity, Peak XV, Prosus Ventures, B Capital and SoftBank amongst its sponsors.
Indian every day The Economic Times first reported latest financing.
Meesho is certainly one of the fastest growing e-commerce startups within the country. Bernstein analysts estimated earlier this yr that its GMV was greater than $5 billion.
Meesho has successfully captured the eye of value-conscious Indians with its attractively priced, diverse and unbranded range of products. The startup’s value proposition seems to resonate well with low- and middle-income customers, who constitute the majority of India’s consumer class.
With 440,000 sellers transacting annually and over 120 million listings, Meesho boasts certainly one of the widest merchandise assortments across platforms, catering to the complex and heterogeneous preferences of the Indian market, Jefferies wrote in a recent note to its clients.
Traditional e-commerce platforms in India mainly concentrate on high-income consumers and branded suppliers, leading to average order value (AOV) well above ₹ 1,000 (roughly $ 12). In contrast, Meesho’s AOV is usually under £350.
“The Meesho algorithm prioritizes offers by taking into account many factors, including seller rating, product rating, customer reviews, past customer purchasing behavior, product popularity, etc. Therefore, price also affects the discoverability of product information in the market.” Written by Jefferies analysts.
“Meesho’s order fulfillment fees are significantly lower than other providers, which allows the platform to offer customers lower prices compared to competitors. To reduce costs, Meesho uses a resource-saving model and outsources delivery to third parties. Meesho has almost half the share of India’s annual 3PL e-logistics shipments,” Jefferies’ note said.
But the competition is gaining momentum. Amazon India recently launched Bazaar, a ‘specialty store’ offering inexpensive and classy fashion and lifestyle products.
Technology
The time of the American semiconductor market in 2025.

It was already a turbulent yr for the American semiconductor industry.
The semiconductor industry plays a major role in the “AI race”, which the US appears to be determined, so it’s value being attentive to this: from the appointment of Lip-Bu Tan-which has not waste time to work, attempting to revitalize the Heritage Company-Joe Biden proposing latest rules of exports AI AI along the way that would not or can follow.
Here’s what happened since the starting of the yr.
Power
Last reversal
May 7: Just every week before the “Frame of Artificial Intelligence Diffusion”. According to many media, including Axios AND BloombergThe administration won’t implement restrictions when it was to start out on May 15 and as a substitute works in its own framework.
April
Anthropic doubles the support of chip export restrictions
April 30: Anthropic has doubled because of the limitation of exports of chip systems in the USA, including several corrections to artificial intelligence framework, akin to imposing further restrictions in level 2 and dedication of resources to enforcement. The NVIDIA spokesman rejected, saying: “American companies should focus on innovations and get up to the challenge, instead of telling high stories that large, heavy and sensitive electronics are somehow smuggled in” Baby bugghs “or” next to the lobsters live “.
Planned exemptions at Intel
April 22: Before connecting profits with Q1, Intel said he was planning to release over 21,000 employees. The exemptions were to enhance management, something that the general director of Lip-Bu Tan has long said that Intel must do and help in the reconstruction of the company’s engineering.
The Trump administration further limits the chip export
April 15: The NVIDIA H20 AI chip was hit with the requirement of export license, the company revealed in the SEC application. The company added that it expects for $ 5.5 billion fees related to this latest requirement in the first quarter of the tax yr in 2026. H20 is the most advanced AI Nvidia chip can still export to China in some form or fashion. TSMC and Intel reported similar expenses in the same week.
TechCrunch event
Berkeley, California
|.
June 5
Book now
NVIDIA seems to talk of further export of chips
April 9: According to reports, the general director of Nvidia, Jensen Huang, was noticed for dinner at the Mar-A-Lago Center in Donald Trump. Then, NPR was reported Huang could have the ability to save lots of AI H20 NVIDIA systems from export restrictions after investing in AI data centers in the USA
Alleged agreement between Intel and TSMC
April 3: Intel and TSMC allegedly reached a preliminary agreement on the commencement of a joint project of Chips. This joint undertaking would work in Intel devices, and TSMC would have 20% shares in the latest undertaking. Both firms refused to comment or confirm. If this contract just isn’t accomplished, this might be a good preview of potential offers in this industry.
Intel rotates from non -corporate assets, proclaims a brand new initiative
April 1: CEO Lip-BU TAN immediately worked. Just just a few weeks after joining the Intel, the company announced that it might rotate resources unrelated to the core in order that it could focus. He also said that the company would introduce latest products, including non -standard semiconductors for purchasers.
March
Intel calls the latest CEO
March 12: Intel announced that a veteran of the industry and a former board member, Lip-Bu Tan will return to the company as general director on March 18. At the time of his appointment, Tan said that Intel could be a “engine -oriented company” under his leadership.
February
Intel’s Ohio Chip Plant is delayed again
February 28: This yr, Intel was to start out running its first chip factory in Ohio. Instead, the company slowed down the construction of the plant for the second time in February. Now the design of semiconductors value $ 28 billion won’t end with the construction until 2030 and might even open only in 2031.
Senators call for more chip export restrictions
February 3: US Senators, including Elizabeth Warren (D-Mass) and Josh Hawley (R-MO), wrote a letter to the Secretary for Trade for Howard Lutnicka Calling Trump’s administration for further restriction Export of the AI system. A letter addressed especially to AI H20 NVIDIA systems, which were used during training of the R1 Deepseek “reasoning” model.
January
Deepseek releases its open model “reasoning”
January 27: The Chinese startup Ai Deepseek caused quite mixing in the Silicon Valley when he released the open version of his model “reasoning” R1. Although this just isn’t a special message of semiconductors, the alarm in the AI industry and Deepseek semiconductors meant that it still has an impact on the chip industry.
Order Joe Biden on the export of chip
January 13: Only the incumbent week remained, former President Joe Biden proposed extensive export restrictions on AI systems made by the USA. The order has created a 3 -level structure that determined what number of American systems will be exported to every country. According to this proposal, level 1 countries didn’t face any restrictions; Countries 2 level 2 had a chip purchase limit for the first time; And level 3 countries received additional restrictions.
Dario Amodei from anthropics weighs the limitations of chip exports
January 6: Co -founder of anthropics and general director, Dario Amodei, co -author of opinions The Wall Street Journal Supporting existing control controls of the AI system and indicating them as the reason why the Chinese market of artificial intelligence was in the US. “He also called on the incoming President Donald Trump to impose further restrictions and shutting the gaps that allowed AI to get these tokens in China.
(Tagstranslate) Intel
Technology
One of the long -term VC Elona Muska suits his former employer after alleged dismissal

Josh Raffaella, who has deep roots as an investor of the Silicon Valley and was supported by many firms Elon Musk, suits his former employer, massive trillion dollars Aum Brookfield Asset Management, reports the New York Times.
A major part of Raffaella’s criticism concerns how Brookfield covered losses related to the pandemic of real estate and claims that the company released him after submitting the criticism of informants at SEC. His lawsuit gives allegations akin to fraud and bribe, while Brookfield deny all offenses rapidly, said The Times.
In February, Brookfield quietly closed the Venture Capital unit run by Raffaella and threw some assets on one other unit, Bloomberg reported at the moment. One of Raffaella’s complaints in the lawsuit is that Brookfield didn’t buy so many shares in firms belonging to musk because he provided the possibility of purchase.
Raffaella had shopping transactions in Musk, akin to SpaceX, XAI and a boring company, claims the claim. Bloomberg announced that his Brookfield fund was an awesome supporter of Twitter’s takeover by Musk.
The lawsuit is a really public battle of Raffaella, who previously worked as a partner at VC, known at the time as a drapeer Fisher Jurvetson. (Today it’s a set of funds.) In DFJ Brookfield, it has helped this company spend money on Musk, akin to Solarcity (acquired by Tesla), Spacex and Tesla.
(Tagstranslate) Brookfield
Technology
The AI X Dream Machine library project is intended to help in underestimated innovators

Through the project of the AI X library, the CNN commentator, activist and entrepreneurs Van Jones and co -chairman of the projects Inayah Bashir and Steven Pargett be sure that the Black and Brown communities have free, practical opportunities to learn the force of artificial intelligence.
Libraries have long been secure for knowledge, access and community. Now they grow to be starts in innovation. Through the CNN commentator, the activist and entrepreneur Van Jones and co -chairing Project Inayah Bashir and Steven Pargett be sure that black and brown communities have free, practical possibilities of learning the strength of artificial intelligence.
Launched by the trio Dream Machine Innovation Lab in cooperation with Google, AI X Library Project already has an impact on cities corresponding to Brooklyn and Atlanta, with plans to extend on Miami, Detroit and Los Angeles.
“We don’t just want to consume technology – we want to create, shape and run it,” said Jones during an interview with Black company. „Myślę, że AI jest potencjalnie najbliższe odszkodowania, jakie kiedykolwiek dostaniemy, ponieważ po raz pierwszy od 400 lat mamy dosłownie równy dostęp i równe szanse na coś transformacyjnego. To, o czym polega nasz projekt, jest wrażliwa na możliwość i upewniając się, że jesteśmy w rozmowie o równym dostępie do dobrej rzeczy. Jeśli chodzi o edukację, jeśli chodzi o edukację, jeśli chodzi o edukację, jeśli chodzi o edukację, jeśli chodzi o edukację, jeśli It is about education when it comes to education when it comes to education when it comes to education.
Instead of focusing only on threats of artificial intelligence, corresponding to algorithmic prejudice, Jones, Pargett and Bashir, they challenge themselves to concentrate on the chances. “Often black people are very sensitive to threat and we quickly go into conversations about equal protection against bad things,” said Jones. “This is important. But our project is to be sensitive to possibilities-insulting that we are also in a conversation about equal access to good things.”
Libraries are a perfect entry point for such a democratized technological education. “The library has always been a technology center or anything else,” Bashir noted. “In the case of insufficient or underestimated people, the library is a place where they touch new technology for the first time. When the computers came out, when the internet began, people went to libraries to learn.”
During each AI X library workshop, participants can pick from topics corresponding to marketing with artificial intelligence, writing with AI-Holności, intelligent monitors and the long run of labor. Importantly, local librarians help select which topics might be taught on the idea of the needs of their patrons.
“We were looking for a way to transfer this conversation to real communities,” said Jones. “A lot of online and fancy conferences are happening, but not much at the neighborhood level. Most districts still have a library. This is a trusted place. We decided to go there.”
The project attracted participants on the age of seven and old as 70, creating an intergenerational learning environment. “We develop at least three new business ideas in every workshop,” said Bashir. “In Atlanta we had a mother who runs a collective at home. She said that they already use artificial intelligence to plan the curriculum – and even used artificial intelligence to find our event.”
Other participants are a waste management employee in Miami, bringing their two sons to study next to him, and grandparents examined AI tools for the primary time. “It is amazing that families learn together,” said Bashir. “Excience exists – creativity is there.”
Changing considering, not only skill sets
In contrast to the digital division in the 90s, where access to software and hardware created entry barriers, Jones believes that the most important obstacle with which our communities with which they stand today is the way in which of considering. “We have no problem with the equipment because everyone has a smartphone,” said Jones. “We have no problem with the software because it is so much free now. We have a problem with” wet software “. Our brains do not process artificial intelligence as something that is for black people. It must change. “
Instead of perceiving artificial intelligence as a perfect, almighty tool, Jones encourages people to give it some thought as “a bit stupid, but free, very fast interns”. He explained: “Nothing is perfect – you need to check human work and you need to check the work AI. But do you prefer to improve something that you will get in two weeks or improve something that you will get in two minutes?”
Marlon Avery repeated this sentiment, reminding the participants that everybody is involved with AI for the primary time at their very own pace. “It’s okay to hurry,” Avery said. “AI is like a treadmill – you can walk, jogging or sprint depending on what you are ready for. It is important to get on it.”
Building liberatorial innovations
Ultimately, the project of the AI X library concerns something greater than just learning latest tools – it is concerning the idea of a greater future.
“Liberatorial innovation is not only creating new technologies and new systems – it is about creating new freedoms,” explained Bashir. “Our brains, our communities, even our definitions of what it means to be human.
Jones emphasized the urgency of quite a lot of participation in technology. “When one small group tries to design a civilization for everyone, it doesn’t work well,” he said. “We now have a chance to build something more human, more simply – but only when everyone takes place at the table.”
When Dream Machine tries to scale the project of the AI X library outside its pilot cities, one thing is clear: the long run of innovation is not only happening in the Silicon Valley – it is built in neighborly libraries, one workshop without delay.
-
Press Release1 year ago
U.S.-Africa Chamber of Commerce Appoints Robert Alexander of 360WiseMedia as Board Director
-
Press Release1 year ago
CEO of 360WiSE Launches Mentorship Program in Overtown Miami FL
-
Business and Finance11 months ago
The Importance of Owning Your Distribution Media Platform
-
Business and Finance1 year ago
360Wise Media and McDonald’s NY Tri-State Owner Operators Celebrate Success of “Faces of Black History” Campaign with Over 2 Million Event Visits
-
Ben Crump1 year ago
Another lawsuit accuses Google of bias against Black minority employees
-
Theater1 year ago
Telling the story of the Apollo Theater
-
Ben Crump1 year ago
Henrietta Lacks’ family members reach an agreement after her cells undergo advanced medical tests
-
Ben Crump1 year ago
The families of George Floyd and Daunte Wright hold an emotional press conference in Minneapolis
-
Theater1 year ago
Applications open for the 2020-2021 Soul Producing National Black Theater residency – Black Theater Matters
-
Theater11 months ago
Cultural icon Apollo Theater sets new goals on the occasion of its 85th anniversary