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Meesho CEO Vidit Aatrey announced the company will avoid platform fees, opting instead to use AI agents to reduce software engineering and delivery costs.
Meesho is investing Rs 400 crore into its payments arm and establishing a new lending unit to expand its financial services.
Meesho reported narrowed net losses and increased operating revenue for Q2 FY27.
Indian ecommerce platform Meesho cut net losses by 68% while growing revenue 34% YoY in Q2 FY27, reaching 284 million annual transacting users.
Meesho narrowed its losses in Q2, and Sanjeev Bikhchandani has returned as CEO of Info Edge, according to economic updates.
Meesho's quarterly loss has narrowed as the Bengaluru e-commerce platform scales operations in smaller Indian cities and works to improve seller revenue and delivery efficiency.
Indian e-commerce platform Meesho reports 75% year-over-year order growth during its flagship Mega Blockbuster Sale, signaling strong Q3 momentum.
