IIT alumni's e-commerce startup Meesho raises $50 million
Bengaluru-based e-commerce startup Meesho, founded by IIT Delhi alumni Vidit Aatrey and Sanjeev Barnwal, has raised $50 million funding. It was raised from new investors including Shunwei Capital, DST Partners and RPS Ventures along with existing backers including Sequoia India and SAIF Partners. Founded in 2015, Meesho offers an online marketplace to connect resellers with raw material suppliers.