CLSA ON MEESHO
Target ₹150
Recommendation Underperform
KEY TAKEAWAYS
Tough cohort to monetise
Solving for affordability and desirability for masses; can it make money?
Meesho eschews high AOVs for affordability while improving delivery efficiency
The promise is large, monetisation, especially of the low-income cohort, is a key challenge
Payments, lending and content monetisation competitive in India
August 28, 2026 63
