Meesho will invest up to ₹400 crore in its wholly owned subsidiary, Meesho Payments. The board of directors approved this capital infusion during a meeting held on October 28, 2026. This investment will occur through the subscription of a rights issue or a further issue of capital in one or more tranches.
The company intends to use these funds to support the overall business operations and growth of Meesho Payments. This capital will enable the subsidiary to enhance its capabilities and scale its operations. Furthermore, the infusion aims to help the entity meet its business and regulatory requirements effectively. The company stated that the funds will facilitate the expansion of activities and improve operational efficiency. It also plans to support the development of new offerings in line with evolving market needs. Meesho operates a multi-sided technology platform that connects consumers, sellers, logistics partners, and content creators across India. Its marketplace focuses on providing products at low prices to consumers from diverse income backgrounds. The board decision follows the company’s strategy to strengthen its payment infrastructure to serve its e-commerce ecosystem better.
Based on company and agency reports. For information only; not investment advice.