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Meesho co-founder Vidit Aatre joined the billionaire club on the day of the company’s IPO listing. The company’s shares surged by up to 74%, boosting his net worth to $1 billion (₹9,128 crore). Meesho is a social commerce platform that provides small businesses and resellers with the opportunity to sell online.
Vidit Aatre Becomes Billionaire on Meesho IPO Listing
New Delhi: Meesho co-founder and CEO Vidit Aatrey joined the billionaire club on the day of the online shopping platform's IPO listing. The company's shares surged by 74 percent, with the share price rising from the issue price of ₹111 to ₹193. This increased Vidit Aatrey's net worth to $1 billion (approximately ₹9,128 crore).
Vidit Aatrey holds 47.25 crore shares of Meesho, equivalent to an 11.1 percent stake. The company's other co-founder, Sanjeev Barnwal, holds 31.6 crore shares, now valued at ₹6,099 crore. Meesho was founded in 2015 by Vidit Aatrey and Sanjeev Barnwal. The platform provides small businesses and resellers with the opportunity to sell products online.
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Meesho has attracted major investors such as Meta, SoftBank, Sequoia Capital, Y Combinator, Naspers, and Elevation Capital. With the support of these investors, Meesho has become one of the most prominent companies in digital commerce. Vidit Aatrey, as CEO, Managing Director, and Chairman, is responsible for the company's strategy, major decisions, and long-term growth.
Before Meesho, Vidit Aatrey worked at ITC Limited and InMobi. He has been featured in Forbes Asia 30 Under 30 and Forbes India 30 Under 30 (2018), Entrepreneur Magazine 35 Under 35 (2019), and Fortune India 40 Under 40 (2021, 2024, 2025).
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Meesho initially started as a hyperlocal fashion delivery app called Fashnear, inspired by the Flipkart model. This initial attempt was unsuccessful, as customers valued product variety more than delivery speed. Meesho then pivoted to creating a digital storefront similar to Shopify, which helped the platform grow rapidly. Meesho is today one of India's largest social commerce platforms, providing millions of resellers and small businesses with the opportunity to enter the digital marketplace.
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