In the March-ended quarter of FY26, Meesho, India's leading e-commerce platform, reported a remarkable 88% reduction in consolidated losses, down to ₹166 crore (approximately $20 million USD) from ₹1,391 crore (approximately $167 million USD) in the same quarter last year. The company's revenue surged by 47%, reaching ₹3,531 crore (approximately $426 million USD), indicating strong growth in user engagement and order volume. Meesho's net merchandise value (NMV) for the quarter was ₹11,371 crore (approximately $1.4 billion USD), reflecting a 43% increase year-on-year, supported by 717 million orders placed, also up 43% YoY.

For the full fiscal year, Meesho continued its upward trajectory, emerging as the most downloaded shopping app in India with 264 million Annual Transacting Users (ATUs), a 33% increase from the previous year. The total orders placed reached 2.67 billion, a 45% rise YoY. Founder and CEO Vidit Aatrey highlighted the potential of the Indian e-commerce market, noting that while only 30% of Indian smartphone users shop online, the market could expand significantly as barriers are removed. He emphasized the role of AI in enhancing user experience, stating that over 75% of orders on Meesho are generated through personalized feeds, improving the shopping experience for first-time online buyers.