Meesho Co-founder Vidit Aatrey Joins Billionaire Club
Meesho's billionaire founder, Vidit Aatrey, has a net worth past the $1-billion threshold
Meesho co-founder and CEO, Vidit Aatrey, officially joined the billionaire club following the company's highly successful stock market listing. Meesho’s shares soared on their debut day, jumping nearly 74% above the IPO price, a clear sign of strong investor confidence in the company's future.
This impressive rally significantly boosted the value of Aatrey’s considerable 11.1% stake in Meesho, which accounts for roughly 47.25 crore shares. At its peak during the first day of trading, the value of his holding exceeded ₹9,000 crore, pushing his personal net worth past the $1-billion threshold.
Founded by Aatrey and Sanjeev Barnwal in 2015, Meesho initially focused on social commerce, empowering small sellers and individual entrepreneurs to launch online businesses affordably. It has since grown into a dominant, value-driven e-commerce platform in India, particularly successful in Tier-2 and Tier-3 cities by prioritizing affordable products and inclusive growth. The platform is well-known for its robust network of resellers, which enables small businesses to retail their products effectively.
Meesho's successful IPO and strong listing performance are a dual victory: it richly rewarded the founders and early investors while simultaneously highlighting the increasing maturity of India's startup ecosystem. Aatrey's achievement of billionaire status symbolizes the massive wealth creation potential driven by innovation, strong execution, and achieving mass-market penetration. The company's growth has been fueled by a stellar group of marquee investors, including Meta, SoftBank, Sequoia Capital, Y Combinator, Napers, and Elevation Capital, solidifying its influential position in the social commerce sector.
This article was authored by Akanksha Sudham, an intern at Deccan Chronicle.
