Google in talks to invest over $50 million in Meesho: Report

Google is in talks to invest over $50 million (Rs 373.63 crore) in Indian startup Meesho, which recently secured $570 million in a financing round, according to a report by Tech Crunch quoting sources.

The digital commerce platform already has backing from Facebook, B Capital, SoftBank, Sequoia Capital India, Y Combinator and Elevation Capital. Meesho connects suppliers (manufacturers and distributors) and resellers with customers on social media platforms such as WhatsApp, Facebook and Instagram. The resellers buy listed products from the suppliers and make commission on each transaction when they sell to customers.