When people ask me what kind of company Meesho is, whether we are an e-commerce company, a logistics company, or a retailer, I find the honest answer is simpler. We are a technology company that starts with the user and builds whatever it takes to reach our mission. Ten years ago, we sat with a homemaker in Bangalore selling suits through WhatsApp forwards, a shopkeeper with no efficient way to source inventory, a small manufacturer with excellent products and no national distribution. No storefronts, no logistics partners. Just ambition and customers built one referral at a time. Those images have stayed with me. They are still what Meesho is for. The question has always been: how do you build for them at scale, reliably, and fast enough to matter? AI is changing the answer. Today, over 70% of our code is now AI-generated. Platform experiments up 2x YoY. But the number I keep coming back to: 75%+ of orders on Meesho come not from users searching, but from personalised feeds powered by PRISM (Personalised Ranking and Intent Signal Module) - our AI recommendation engine that infers what a consumer is looking for before they've articulated it themselves. That is a fundamentally different way to think about e-commerce. Vaani brought in first-time users who had never completed a purchase. GeoIndia LLM outperforms commercial geocoding systems on Indian addresses. TrustMesh blocked 9Mn high-risk transactions in FY26. Every order becomes a training example. Every interaction makes the next one sharper. What excites us most is that AI is finally making internet commerce accessible for everyone. And increasingly, that's reflecting in the business outcomes too: Q4 NMV grew 43% YoY to ₹11,371 Cr 717M orders (+43% YoY) FY26 ATUs reached 264M (+33% YoY) Losses narrowed ~66% as operating leverage improved We believe the next phase of Indian e-commerce will be AI-native, vernacular-first and built for Bharat. Humbled by how far we've come. Energised by how much remains.

Startup founders are been offered huge amount of money to peddle false rumours. I am shocked to see how deep this rot runs in our ecosystem. Why isn't anyone investigating this?