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Meesho revenue jumps 33% to Rs 7,615 Cr, cuts losses by 97% in FY24

  • Bengaluru-based ecommerce platform Meesho reported a 33% growth in revenue to Rs 7,615 crore in FY24.
  • The company narrowed their adjusted losses by 97% to Rs 53 crore in FY24.
  • Meesho's growth was driven by a 36% surge in order volume, with high demand in categories like home & kitchen, beauty & personal care, and baby essentials.
  • The company aims to achieve profitability in the coming fiscal years and has improved operational efficiencies in logistics processes.

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