Prosus has marked a major milestone with its portfolio company Meesho becoming India’s first horizontal ecommerce marketplace to list on the NSE and BSE. The global consumer internet group, an early backer of Meesho, will continue to hold ~11.2 per cent stake following the listing.
Meesho’s debut comes amid rising investor appetite for scaled, sustainably built digital businesses, making it the fourth Prosus-backed company to go public in India over the past year after Swiggy, BlueStone and Urban Company. The development strengthens Prosus’s long-term strategy of supporting companies shaping India’s next phase of digital commerce.
Commenting on the milestone, Ashutosh Sharma, Head, Prosus India, said Meesho’s journey reflects deep customer insight, product-centric innovation, and disciplined execution. “Our continued investment in Meesho underscores our belief that they are well placed to leverage India’s digital adoption and demographic tailwinds. We remain committed to supporting companies built for the long term, with technology at the core,” he said.
Founded in 2015, Meesho operates an asset-light, technology-led marketplace connecting consumers, sellers, logistics partners and content creators. The platform is now used by 700,000+ annual transacting sellers and 234 million annual transacting users, processing 2.3 billion orders in the 12 months ending September 30, 2025. Prosus has participated in every follow-on funding round, supporting Meesho’s transition from a social commerce model to a scaled horizontal platform.
Meesho embeds advanced AI and GenAI systems across its marketplace to personalise recommendations, optimise fulfilment and boost platform efficiency. The listing highlights the growing maturity of India’s consumer internet ecosystem and reinforces Prosus’s view that the country will continue to produce globally relevant technology companies across commerce, fintech, mobility and food delivery.
