For a company that raised US$300 million in its latest funding round, from Japanese conglomerate SoftBank no less, Meesho’s numbers aren’t what one would expect them to be. According to data from Indian research from Tracxn, the social commerce company reported operating revenue of Rs 80 crore (US$11 million) and a loss of Rs 100.42 crore (US$13.5 million) for the year ended March 2019. While its topline increased nearly 4X to Rs 307 crore (US$41 million), its losses also shot up more than 3X to Rs 315.4 crore (US$42 million) for the year ended March 2020.