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 […]
CW Bureau
·
May 9, 2026
STARTUP/TECHNOLOGY
Meesho Pumps ₹100 Cr Into FinTech Subsidiary To Bolster Payments Flow
Meesho Ltd, a leading e-commerce marketplace, is infusing ₹100 crore into its subsidiary, Meesho Payments Pvt Ltd (MPPL), through a rights issue or further capital issuance in one or more tranches. The board of directors has approved the fund infusion, underlining the company’s continued focus on strengthening its fintech capabilities alongside its core commerce operations. […]
CW Bureau
·
May 6, 2026
BANKING & FINANCE
UGRO Capital Advances Shift To High-Yield Segments: Earnings On Track
UGRO Capital Ltd, India’s first NBFC startup, is progressing on its strategic pivot towards high-yield segments, with Emerging Market LAP (loan against property) and Embedded Finance rising to 38% of assets under management (AUM) from 32% within a quarter. Emerging Market LAP AUM increased from ₹3,199 crore to ₹3,581 crore, while Embedded Merchant Finance grew […]
CW Bureau
·
Apr 21, 2026
