E-commerce startup Meesho raises $50m from China's Shunwei, DST, others

Less than five months after raising its last round of funds, Meesho, one of the fastest growing e-commerce companies in the country, has raised $50 million in Series C funding from new investors including Shunwei Capital, DST Partners and RPS Ventures, the company said on Tuesday. Existing investors including Sequoia India, SAIF Partners, Venture Highway and Y Combinator also participated in the round. Till date, the social e-commerce firm has raised nearly $65 million over three funding rounds.