Monday, April 15, 2024
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Fidelity Investments

According to a report by TechCrunch the recent valuation adjustment is a result of a secondary sale transaction late last year, valuing Meesho at $3.5 billion

In September 2021, Fidelity spearheaded a $570 million funding round for Meesho, joined by B Capital Group, a venture capital firm co-founded by Facebook co-founder Eduardo Luiz Saverin.

QR-first and card tap contactless payments devise, Mini will facilitate easy digital payment solutions for small merchants