You Get To Own Real Challenges at Meesho :
I Feel This Product Is Mine, I Made it! Being the first Meesho employee, I built projects from scratch. Owning my own projects gave me a sense of attachment, like, “Yes, it’s mine and I did it!” Creating better visibility for the end-user gives me great satisfaction. Meesho Tech Is Closely Involved in Business When it comes to feedback, Tech, Business Development and Product Teams come together. They let us know which features need improvement and why. Similarly, we get in touch with Customer Support and Supplier teams to understand their pain points, provide the necessary tech solutions and fasten every process. Here, You Solve Real Challenges Other companies promise you one thing and make you implement routine tasks. But here, you get to solve real challenges. No other company can give that to you. Many a times, me and my team collaborate to reach the best solution and it feels great to see that what we develop is creating an impact. There’s a Party Every Week! I have been an introvert throughout my life but working with the team has really helped me open up. The guys here are fun-loving and bring out the extrovert in you. We take off for parties almost every week. But when I work, I work. I don’t think about anything else.
Social commerce startup Meesho gets $11.5 million from Sequoia, others
MUMBAI: Meesho, an app which works with online merchants in India to manage their e-commerce businesses on social media and messaging platforms, has raised $11.5 million led by venture capital biggie, Sequoia Capital India. The Bengaluru-based startup, provides tools that help these merchants in sourcing, logistics and payments. These “social sellers launch, build and promote online businesses using WhatsApp, Facebook and other social media channels. Meesho, has now in all picked up $15 million in capital, and its existing investors SAIF Partners, Y Combinator and Venture Highway also participated in the new round. Founded by IIT-Delhi graduates Vidit Aatrey and Sanjeev Barnwal, three years ago, Meesho said its social sellers include small retailers, housewives, students, among others. They typically earn between Rs 20,000-25,000 per month by selling products across fashion, lifestyle and many other categories. We have 8 lakh sellers registered with us with one lakh of those actively using the platform, Aatrey said. “Most of the fresh capital will go behind enhancing technology and product along with hiring people,” he said. Without giving details, Aatrey said , Meesho had grown 20 times in the past eight months. India has 50 million registered small businesses. Currently, about 1 million of them are online, mostly selling through Facebook and WhatsApp. It is expected that 10 million of these businesses will be online by 2020, as per a Google BCG report. “Social commerce is the future of e-commerce in India. Entrepreneurs, many of them women, use the Meesho platform to recommend, customize and sell to their family and friends,” said Mohit Bhatnagar, MD, Sequoia Capital India.
Meesho raises $11.5 M led by Sequoia Capital; HR startups use AI, ML help tap talent
The Tata Trusts’ Foundation for Innovation and Social Entrepreneurship announced the development of a high-tech portable magnetic resonance imaging (MRI) scanner, touted to be a first in India and designed to make MRI affordable and accessible for everyone. In a press note, the foundation said the MRI scanner has a 1.5 Tesla whole body, which will produce MRI scans three to four times faster than other scanners. Ratan N Tata, Chairman, Tata Trusts Bengaluru-based social commerce platform Meesho has raised Series-B funding of $11.5 million in a round led by Sequoia Capital India Advisors. Existing investors SAIF Partners, Y Combinator and Venture Highway also participated in this funding round. This takes the total funding raised by Meesho to $15 million. Founded in 2015 by IIT-Delhi graduates Vidit Aatrey and Sanjeev Barnwal, Meesho is an online social seller platform that includes small retailers, housewives, students and retirees. Meesho founders - Sanjeev Barnwal and Vidit Aatrey Sourcing and acquiring talent has been of utmost priority for companies. According to the ‘State of Talent Acquisition in India’ report by HR tech firm Mettl, 85.7 percent organisations surveyed cited acquiring good talent as one of the top three challenges. In this digital era, as technologies disrupt most industries, hiring is on the path of transformation. Several startups are now using technologies like Artificial Intelligence, machine learning, and analytics to address the recruitment needs of companies. Technologies like AI, ML, and predictive analytics are helping firms tap the best talent. Now get the Daily Capsule in your inbox. Subscribe to our newsletter today!
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