Meesho: India's First Profitable E-commerce Startup
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positive cash flowTechCrunch
•Meesho claims Indian e-commerce first with positive cash flow | TechCrunch
73% Informative
India 's first horizontal e-commerce firm to generate positive cash flow.
Meesho reported positive operating cash flow of 232 crores ( $27.6 million ) for the financial year ending March 2024 .
Flipkart’s marketplace arm grew its revenue by 21% to $2.12 billion in the year .
Quick commerce players are projecting to do annual sales of about $6 billion this year .
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