Meesho becomes rare startup to manage a profit – Deccan Herald

Meesho has become one of the few startups in India’s fledgling e-commerce industry to turn a profit, helped by cost cuts that included a round of recent layoffs. The Bengaluru-based online mall, which sells everything from clothes to jewelry and electronics, managed a slim profit for the month of July, said Dhiresh Bansal, its chief financial officer.