Indian social commerce startup Meesho has received a 173 crore rupees ($25 million) investment from U.S.-based Facebook.
Meesho said in a statement that the financing will enable the company back independent entrepreneurs to build their businesses and grow their customer base via social channels.
More so, the deal will also enable Facebook to boost its presence in India.
Additionally, with the latest investment from Facebook, Meesho has so far raised $90.2 million in over seven funding rounds.