Group update

Prosus today announced that its portfolio company, Meesho - one of India’s most scaled and widely adopted digital commerce platforms - has listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). Prosus has been a long-term partner to Meesho since 2019 and will continue to hold ~11.2% stake post-listing.

Meesho’s listing comes amid growing public market appetite for scaled, sustainably built technology businesses. It is the fourth Prosus portfolio company in India to go public in the past year, following Swiggy, BlueStone and Urban Company. As one of Prosus’s largest investments in India, Meesho reinforces the group’s long-term strategy of backing companies shaping the next wave of digital commerce in the country.

Sharing his thoughts on this milestone, Ashutosh Sharma, Head, Prosus India, said: “We congratulate Meesho as they cross this milestone in an extraordinary journey marked by nuanced understanding of the customer, companywide innovation, product centricity and disciplined execution. They are a great example of what it means to build for India - which requires both product and business model innovation. Our continued investment in Meesho reflects our belief that they are well placed to leverage digital adoption and demographic tailwinds in the ecommerce segment in India. We remain focused on supporting companies like Meesho that are building for the long term, with technology at the core.”

Founded in 2015, Meesho operates a technology-led, asset-light marketplace that connects four key stakeholders - consumers, sellers, logistics partners, and content creators. Meesho now enables 700,000+ annual transacting sellers and small businesses, serving over 234 million annual transacting users, with 2.3 billion total orders for the last twelve months ending September 30, 2025. Prosus has been one of Meesho’s most consistent partners, participating in every follow-on round, providing access to long-term capital. This partnership has supported Meesho through key transitions, including its evolution from social commerce to a scaled horizontal platform serving millions of customers across India. 

Meesho follows a technology-first approach, embedding advanced AI and GenAI tools across its platform to drive scale, reduce costs and enhance stakeholder experience. Its AI models analyse consumer signals to generate personalised product recommendations, while algorithms process millions of listings to curate results based on price, quality and location preferences, and also optimise fulfilment. 

Meesho’s listing marks an important milestone for India’s maturing consumer internet ecosystem and reinforces Prosus’s strategic belief that India will continue to produce globally relevant technology companies across commerce, fintech, food delivery and mobility. Prosus remains committed to supporting India’s technology ecosystem - partnering with entrepreneurs, providing patient capital, and accelerating innovation that delivers broad-based societal and economic impact.