Facebook backed startup Meesho that entered the 'Unicorn Club' this April is looking to raise funds that is likely to give a fillip to it's valuation doubling it to $4 billion as per reports.
Social commerce platform Meesho is looking to raise $100 mn in it's second fundraise this year. The company attained unicorn status in April when it mopped up $300 million in a round led by SoftBank which valued it at $2.1 billion then from $700 million in 2019.
Meesho which has not had any direct competition upto this point will now face-off Flipkart's latest launch Shopsy which marks it's debut in the social commerce space.