Article · 12 min read
Vidit Aatrey on Building Meesho, India's Top Reselling Platform, with Adora Cheung
Vidit Aatrey · Y Combinator Free Beginner India
The readable transcript of the same conversation, with the numbers you can quote: 500,000 monthly active resellers, 90 percent women, more than 80 percent from tier 2 and below.
- Meesho started as FashNear and pivoted after four or five months, running both businesses for six months before shutting the first.
- In the early WhatsApp phase the reselling business doubled every month.
- About 90 percent of Meesho resellers are women, 75 percent are housewives, and 80 percent-plus come from tier two cities and below.
- Aatrey's view: unbranded Indian products sell better through a trusted social seller than on a marketplace, because it is a trust deficit market.