Meesho

Another day, another writedown. In recent weeks, investors have cut the valuations of a number of marquee tech companies, including Byju’s, Ola, and Swiggy. On Tuesday, BlackRock further marked down the valuation of edtech firm Byju’s,…

NEW DELHI: Meeshohas become the latest Indian startup to have its valuation marked down by its investors. US-based Fidelity Investments has cut the Bengaluru-based e-commerce firm’s valuation by about 10% to $4.4 billion, recent regulatory…

The world’s largest asset manager, BlackRock, has further marked down the valuation of edtech firm Byju’s, three months after it first reduced the value of its holdings in the Indian company.In a regulatory filing made with the US…

Another day, another writedown. Funds managed by US-based multinational financial services firm Fidelity Investments have cut the valuation of social commerce platform Meesho in their books to $4.4 billion as of March 31, according to…

Consumer protection regulator CCPA has directed 5 e-commerce companies, including Amazon and Flipkart, to permanently delist all car seat belt alarm stopper clips as the product stops the alarm beep when not wearing seat belts, thus…

The Central Consumer Protection Authority (CCPA) has issued orders against top five e-commerce platforms -- Amazon, Flipkart, Snapdeal, Shopclues and Meesho. The order comes for violation of consumer rights and unfair trade practice for…

NEW DELHI: Five major e-commerce platforms — Amazon, Flipkart, Meesho, Snapdeal and Shopclues — have delisted 13,118 seatbelt alarm clips after the Central Consumer Protection Authority (CCPA) passed orders to stop their sale. The CCPA said…

Meesho CEO Vidit Aatrey (left) in an internal email to employees says company is reducing the size of the Meesho workforce by 15 per cent, affecting 251 employees.Meesho Layoffs: It says the company is committed to ensuring all those…

E-commerce firm Meesho has laid off 251 employees constituting 15 per cent of its workforce to cut costs and as part of its efforts to achieve profitability, a top company official said on Friday.Meesho Founder and CEO Vidit Aatrey in an…

After firing 150 employees nearly a year ago, ecommerce startup Meesho has announced layoffs again that will affect 251 employees as it aims to turn sustainable amid a larger reset in the technology industry. This and more in today’s ETtech…