Mind The Gap By Freshchat

One of the biggest funding this week was raised by online reseller network Meesho, gaining $125 Mn in a round led by Naspers, with participation from Facebook and existing investors SAIF, Sequoia, Shunwei Capital, RPS and Venture Highway. This fund raise will help it to make deeper inroads in areas outside India’s major metro regions, by creating more entrepreneurs, and as a result, reaching remote customers not serviced by traditional e-commerce marketplaces. Also, rumours are rife that the Japanese conglomerate is reportedly looking to invest $200 Mn in the company as well. Another major round was raised by ShareChat, adding $100 Mn in its latest Series D round of funding. Twitter and TrustBridge Partners are two new investors joining this latest funding round, while existing investors participating in this round include Shunwei Capital, Lightspeed Venture Partners, SAIF Capital, India Quotient and Morningside Venture Capital. The round took the total funding raised by ShareChat to $224 Mn. Bengaluru-based