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Facebook invests in Indian social commerce startup Meesho

Tuesday 18 June 2019 | 09:27 CET | News
Facebook has announced that it has invested in Meesho, an Indian startup promoting female entrepreneurship, Livemint reports, citing Ajit Mohan, VP and managing director at Facebook India. Mohan made the announcement over a video conference call, and declined to disclose financial details related to the investment. According to Mohan, Facebook acquired a minority stake in Meesho. This is Facebook's second investment in India, following software coampny Little Eye Labs.

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Categories: Internet
Companies: Facebook
Countries: India
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