Meesho Q1 Revenue Jumps 48%, Losses Halve

Meesho, an e-commerce marketplace, recently shared its financial results for the first quarter of FY27.

The company saw a big increase in revenue, growing by 48% compared to the same period last year.

This means they made more money from their operations.

At the same time, their losses decreased by more than half, which is a good sign.

However, their overall expenses also went up.

Meesho is planning to expand by acquiring Kirana Club, a company based in Singapore.

This acquisition will help Meesho strengthen its presence in the digital retail world.

Overall, Meesho is showing strong growth and is taking steps to become more profitable.