The marketing objective
India has about 630 lakh Micro, Small and Medium Enterprises (MSMEs). But out of these, only a mere 10 lakh (∼1.6%) run their businesses online.
Funded by the likes of Sequoia Capital, Meta, and SoftBank, Meesho is a fast-growing homegrown eCommerce brand #BuildingForBharat, working on bringing India's Bazaars (Local Marketplaces) online to give wings to their vision of democratizing eCommerce in India - a country where unorganized retail accounts for ∼85% of the shopping sector.
Unlike incumbent global giant competition brands which host many foreign expensive sellers, Meesho is completely made in India - by Indians for...