Social commerce platform Meesho raises $275 million

New Delhi, May 11 (IANS) Social commerce platform Meesho has raised $275 million, a regulatory filing by the company with the Securities and Exchange Commission (SEC) in the US has revealed.

The fundraising, part of an ongoing round, came from existing investors like SoftBank, Prosus, Elevation Capital and Peak XV Partners.

The latest funding valued Meesho at $3.9 billion. Meesho may increase the ongoing round size to $500-600 million, according to reports.