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Layoffs · Commerce & Consumer Brands

Meesho discontinues CPO role, restructures product team

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Date
Company
Meesho
What it does
social commerce platform
Kind
Layoffs
Sector
Commerce & Consumer Brands

What they do

Meesho is a social commerce platform that connects buyers and sellers through a zero-commission marketplace model

What happened

The company restructured its product leadership team and removed Prasanna Arunachalam from senior management, though he remains employed

Why it matters

Meesho reported a 48% increase in marketplace revenue and a 28.6% rise in annual transacting users in Q1FY27

The details

  • Meesho restructured its product leadership team and removed Prasanna Arunachalam from senior management, though he remains employed.
  • Prasanna Arunachalam, who joined Meesho in 2020, was promoted to the C-suite in 2025 and held leadership roles in product management, monetisation, and content commerce.
  • The company stated that the change aims to strengthen accountability and align product strategy with the long-term needs of each business.
  • Meesho’s product leaders will now report directly to their respective Business Heads instead of the Chief Product Officer.
  • Meesho’s spokesperson confirmed that Prasanna Arunachalam will continue to be part of the senior management team, though his new role is still being finalised.

The bigger picture

  • Meesho is a social commerce platform that connects buyers and sellers through a zero-commission marketplace model.
  • The company reported a 48% increase in marketplace revenue and a 28.6% rise in annual transacting users in Q1FY27.
  • Meesho’s restructuring comes amid a period of growth and improved financial performance, including a 54.1% reduction in net loss.

About the business

  • Meesho is a social commerce platform that connects buyers and sellers through a zero-commission marketplace model.
  • The company monetises traffic and transactions through seller advertising, logistics services, and a dedicated segment called Meesho Mall.
  • Meesho Mall focuses on bringing branded products to value-conscious consumers in Tier-2, Tier-3, and rural markets.
  • The platform has over 1,200 brands and nearly doubled its Net Merchandise Value (NMV) in Q1FY27.
  • Meesho’s revenue from marketplace operations rose 48% YoY to ₹3,707 crore in Q1FY27.

The deal

Type
ipo

Investors

Founders

  • Vidit Aatrey, co-founder
  • Sanjeev Kumar, co-founder

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