RETAIL/FMCG
Meesho Invests ₹100 Cr In A Loss-Making Subsidiary Meesho Payment
Meesho Ltd, the Bengaluru-based e-commerce platform focused on value commerce and small businesses, has infused nearly ₹100 crore into its lending subsidiary Meesho Payment Pvt Ltd (MPPL) despite the latter reporting losses, highlighting the growing strategic importance of embedded finance in the e-commerce ecosystem. The investment, made through a rights issue, is aimed at strengthening […]
