Meesho has become one of the fastest growing e-commerce companies in India with its latest Series D fundraiser of $120 million led by Naspers, with existing investors SAIF, Sequoia, Shunwei Capital, RPS and Venture Highway participating as well. Facebook also participated in the round, as did Arun Sarin, former CEO of Vodafone Group. Meesho - short for “meri shop” - was preceded by FashNear, a hyperlocal fashion discovery. By end 2015, the founders pivoted to Meesho - Shopify for mobile for India and later moved in to organize and aggregate the Indian long tail supply chain and extended logistical support to its reseller customer base.