Full-Time
Software Development Engineer
IV, Backend
Confirmed live in the last 24 hours
Meesho
10,001+ employees
E-commerce platform for reselling products
No salary listed
Senior, Expert
Bengaluru, Karnataka, India
This is a hybrid position, which implies that the candidate will be required to work in-office for some days.
- BTech, preferably from premier institutions
- 6-9 years of relevant experience working as a Software Development Engineer
- Strong knowledge of any of the databases like MySQL, NoSQL, SQL Server, Oracle, PostgreSQL
- Experience in Java and web technologies
- Experience in scripting languages like Python, PHP, etc.
- Hands-on experience with systems that are asynchronous, RESTful and demand concurrency
- Knowledge of best practices for all stages of software development – including coding standards, code reviews, testing and deployment
- Focus on scalability, performance, service robustness, and cost trade-offs
- Have a continuous drive to explore, improve, enhance, automate, and optimise systems and tools to best meet evolving business and market needs
- Pay attention to detail and think abstractly
- Collaborate with teams to develop and support the smooth 24x7 operation of our service
- Create prototypes and proofs-of-concept for iterative development
- Take complete ownership of projects and their development cycle
Meesho operates in the Indian e-commerce sector with a focus on a reselling business model. The platform allows individuals, known as resellers, to explore a variety of products and share them on social media platforms like Facebook and WhatsApp. Resellers earn a profit margin on each sale they make, making it an attractive option for those wanting to start an online business without needing any initial investment or technical skills. Meesho primarily serves individuals such as homemakers, students, and small business owners who are looking to earn money online. The company sources products from suppliers and provides them on its platform, where resellers can promote these items to their networks. Meesho generates revenue by taking a commission from the sales made through its platform. The goal of Meesho is to make e-commerce accessible to everyone, allowing anyone to start a business with no upfront costs and utilize social media for sales.
Company Size
10,001+
Company Stage
Late Stage VC
Total Funding
$1.3B
Headquarters
Bengaluru, India
Founded
2015
Simplify's Take
What believers are saying
- Meesho plans a $1 billion IPO with a potential $10 billion valuation.
- The company secured $500 million in funding, boosting its financial position.
- Meesho's logistics service, Valmo, optimizes shipping costs and enhances delivery efficiency.
What critics are saying
- Relocating headquarters to India incurs a $300 million tax burden.
- Reverse merger and domicile shift may face complex regulatory challenges.
- Increased competition from new entrants could challenge Meesho's market share.
What makes Meesho unique
- Meesho enables zero-investment online businesses through a user-friendly app.
- The platform leverages social media for product promotion and sales.
- Meesho's GenAI-powered voice bot reduces customer service costs by 75%.
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Benefits
Health Insurance
Wellness Program
Gym Membership
Paid Sick Leave
Paid Holidays
Parental Leave
401(k) Retirement Plan
401(k) Company Match
Relocation Assistance
Growth & Insights and Company News
6 month growth
↓ -1%1 year growth
↓ -1%2 year growth
↓ -1%Meesho is advancing its IPO plans, aiming to raise $1 billion. The company has chosen Morgan Stanley, Kotak Mahindra Capital, and Citi as advisers, with a potential $10 billion valuation. JP Morgan may join the syndicate. Meesho recently raised $250-$270 million, valuing it at $3.9-$4 billion. The company is relocating its headquarters from the US to India, incurring $300 million in taxes. Revenues increased to INR 7,615 crore in FY24, with net losses reduced to INR 305 crore.
Kapu, a Kenyan e-commerce startup, has secured pre-Series A funding to scale its operations in the east African nation bolstering its go-to-market strategy, strengthening its logistics network, and introduce new fintech features as well as expanding across Africa.The funding round was led by BlackWood with participation from Giant Ventures, firstminute capital, Norrsken VC, Founder Collective, Hesabu Capital, and Base Capital. The round follows an $8m seed round in 2022 to help Kapu reduce the cost of living for mass-market consumers by offering essential goods via its network of Kapu agents in neighborhoods which Kapu sees as as important for optimizing logistics and operations. Kapu CEO Sam Chappatte, and a former Jumia Kenya Country Manager, hopes that Kapu’s micro-market strategy will help it build a new retail model for Africa’s mass market. Kapu aims to prove profitability before expanding city-wide and eventually across the continent. Founded in 2022, Kapu is reportedly serving 100,000 households per month and processing 2 million customer orders annually. Kapu aims to save African consumers $1bn over the next 10 years
Advent International is in advanced talks to acquire a controlling stake in Orra Fine Jewellery, valuing it at ₹1,500-1,750 crore. Meanwhile, Meesho has secured $500 million in funding from investors like Tiger Global and WestBridge Capital, concluding its pre-IPO fundraising. Meesho plans a reverse merger of its Indian unit with its US parent and aims for an IPO in 2026, with a valuation around $3.9-4 billion. Slice Bank is also planning to raise $250 million to expand its digital banking operations.
Meesho has reportedly secured an additional $250-270 million from new investors, including Tiger Global, Think Investments, and Mars Growth Capital, primarily through secondary share sales. This brings the total funding round to $550 million. Additionally, Meesho has filed an application with the NCLT to shift its domicile to its Indian unit, Fashnear Technologies, paving the way for its future plans to go public.
Quick commerce platform Zepto has officially transitioned its domicile from Singapore to India, as confirmed by the company’s Chief Financial Officer (CFO), Ramesh Bafna."Historic scenes on completion of #IndiaFirst reverse merger from Singapore to India in the #FastestEver timeline," Bafna said in his LinkedIn post.This relocation, commonly known as a reverse flip, allows the Mumbai-based company to establish its headquarters in India and move forward with its plans for an initial public offering (IPO), which has been in progress for several months.“This is a display of understanding of (the) technicals, working with right partners, getting into (the) nuts and bolts on execution, unblocking natural causes of delay and tactical calls real time by an empowered team,” the post said.The transition follows the National Company Law Tribunal’s (NCLT) recent approval of Zepto’s reverse merger.Also Read Zepto triples annualised GOV to $3B in eight months ahead of IPOWith this move, Zepto joins companies like Groww and PhonePe, which have also relocated their domicile to India from the US and Singapore. Several other fintech firms, including Flipkart, KreditBee, Pine Labs, Razorpay, and Meesho, are also in the process of executing reverse flips.Earlier, the Indian entity operated as a subsidiary of Kiranakart Pte Ltd, headquartered in Singapore.According to a January 9 order issued by the National Company Law Tribunal (NCLT) Kiranakart Technologies Private Ltd has been permitted to become the holding company of Zepto.“The board of directors of the petitioner company believes that the scheme is in the best interests of the entity and its stakeholders, including shareholders, employees, and creditors,” the NCLT order stated.For the fiscal year ending March 2024, Zepto’s revenue from operations more than doubled, increasing 2.2 times to Rs 4,454 crore, up from Rs 2,026 crore in FY23. During the same period, the company managed to slightly reduce its losses by 2%, bringing them down to Rs 1,248.6 crore.The company has been raising capital. It recently secured $350 million in a funding round led by Motilal Oswal Private Wealth, pushing its valuation to $5 billion. The company has raised $1.85 billion to date