Yes, Meesho is certainly successful! They're one of the largest and most well-funded Indian startups, and have been growing rapidly. Their valuation recently hit $1.1 billion, and they're now expanding into new markets like Indonesia.
There are a few key factors that have contributed to Meesho's success. First, they were early to the market in terms of social selling in India. They launched in 2015, when social media was really starting to take off in the country. This allowed them to get a leg up on the competition and grow quickly.
Second, Meesho has a strong team with a lot of experience in the e-commerce space. Their CEO, Vidit Aatrey, was previously the COO of Flipkart. This experience has helped Meesho navigate the complex landscape of online selling in India.
Lastly, Meesho has been very smart about fundraising. They've raised over $300 million from top-tier investors like Sequoia Capital, Venture Highway, and SAIF Partners. This money has allowed them to scale quickly and make strategic acquisitions.
All of these factors have Come together to make Meesho a high-flying startup in India. There's no doubt that they're successful!