Logistics arm Valmo powers Meesho’s profitability push

E-COMMERCE UNICORN MEESHO, which is set to list its shares publicly in the coming months, has substantially improved its margins over the last two years, thanks, in part, to the rapid scaling of its in-house logistics arm Valmo.

- AYANTI BERA

Since its launch in August 2022, the share of Meesho’s orders shipped through Valmo rose from under 2% in FY23 to 62% in the three months ended June 2025.

Unlike larger e-commerce platforms, whose primary focus is not on the value retail segment, Meesho’s fundamental challenge was to figure out how to deliver a ₹200 kurta or a ₹99 home decor item profitably across 19,000 pin codes.