The Company was originally incorporated as "FashNear Technologies Private Limited" at Bengaluru, Karnataka as a private limited company under the Companies Act, 2013, pursuant to a certificate of incorporation dated August 13, 2015 issued by the RoC. Thereafter, pursuant to a resolution passed by our Board dated April 22, 2025 and special resolution passed by our Shareholders dated April 23, 2025, the name of our Company was changed to "Meesho Private Limited" for brand alignment and market consistency, strengthening stakeholder confidence and to facilitate operational and strategic synergy and our Company received a certificate of incorporation pursuant to change of name dated May 13, 2025 from the Registrar of Companies, Central Processing Centre. Upon the conversion of our Company into a public limited company, pursuant to a resolution passed by our Board dated June 5, 2025 and a special resolution passed by our shareholders dated June 5, 2025, the name of our Company was changed to "Meesho Limited", and a fresh certificate of incorporation consequent upon conversion to public company dated June 10, 2025 was issued by the Registrar of Companies, Central Processing Centre. Further, our erstwhile holding company, Meesho Inc. was incorporated on May 10, 2016, under the provisions of the General Corporation Law of the State of Delaware. Pursuant to the Scheme, approved by the National Company Law Tribunal, Bengaluru Bench on May 27, 2025: (i) the E-commerce Undertaking of our Company demerged into MTPL; and (ii) the Grocery Undertaking of the Company demerged into MGPL; (iii) all the assets, including properties and liabilities, along with all rights, title, interest, duties and obligations of Meesho Inc. were transferred to and vested in our Company as a going concern, and subsequently, Meesho Inc. was merged into the Company. The Scheme was undertaken for, inter alia, (a) simplification of the corporate organisational structure by eliminating cross border management or control structure, (b) segregation of businesses into separate entities which will result in: (i) focused approach on E-commerce Undertaking and Grocery Undertaking; (ii) providing scope for independent growth and expansion of the segregated businesses; and (iii) operational rationalization, administrative efficiency and optimum utilisation of resources, and (c) enhancement of governance, reporting and transparency and provide greater flexibility for future fund-raising and strategic initiatives.
Major Events and Milestones: 2018 - One million Placed Orders in a single month on the "Meesho" platform.
2022 - Meesho crosses 100 million Annual Transacting Users. - Meesho launches Valmo. - Meesho crosses 5 million Placed Orders a day.
2023 - Meesho crosses 500 million downloads. - Meesho launches content commerce.
2024 - Meesho becomes free cash flow positive.
2025 - Inbound merger of Meesho Inc. into Meesho Limited. - Company name has changed to Meesho Ltd. from Fashnear Technologies Ltd.
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