Google has held discussions to invest over $50 million in Indian social commerce startup Meesho, which recently secured $570 million in a financing round, according to a source familiar with the matter.
The Android-maker, which has backed over half a dozen startups in India, has yet to make the investment in Meesho, according to another person familiar with the matter.
Meesho — which counts Facebook, B Capital, SoftBank, Sequoia Capital India, Y Combinator and Elevation Capital among its earliest investors — operates a three-sided marketplace that connects suppliers (manufacturers and distributors) and resellers with customers on social media platforms such as WhatsApp, Facebook and Instagram. The resellers buy listed products from the suppliers and make commission on each transaction when th …
