Meesho mentioned on Monday it has raised USD 300 million in a brand new financing spherical led by SoftBank Vision Fund 2 because the Indian social commerce startup works to turn into the “single ecosystem that will enable all small businesses to succeed online.” The new spherical — a Series E — provides the 5-12 months-outdated startup a valuation of USD 2.1 billion, up from about USD 600 million – USD 700 million within the 2019 Series D funding. The Indian startup, which has raised about USD 490 million thus far, mentioned present traders Facebook, Prosus Ventures, Shunwei Capital, Venture Highway, and Knollwood Investment additionally participated within the new spherical.
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