Meesho's Logistics Arm Valmo Drives Profitability

Imagine Meesho is like a big online store.

They have their own delivery service called Valmo.

Valmo works by connecting with lots of smaller delivery companies.

This helps Meesho deliver things cheaply, even for small items like a shirt or home decor.

Because Valmo keeps costs down, Meesho can sell things for less.

This attracts more customers.

It also helped Meesho make more money than it spent, a positive sign for the company, as it prepares to sell shares publicly.

But they need to keep many delivery partners working or they might not be able to deliver everything on time.