Meesho Mall pushes into personal care with P&G, HUL and Himalaya tie-ups

Meesho is extending its Mall branded-products vertical into personal care via partnerships with P&G India, HUL and Himalaya, targeting tier-2 and smaller cities. Mall drew 3.2 crore shoppers over six months as orders rose 35% in 2024 and users climbed 25% to 175 million.

— FiledSat, 18 Jul, 2026, 06:18 IST·First seen Sat, 18 Jul, 2026, 06:17 IST·Source ET Retail

What happened

Meesho is expanding its Mall branded-products vertical into personal care via partnerships with P&G India, HUL and Himalaya, targeting tier-2 and smaller

Key facts

  • 3.2 crore shoppers over six months
  • 35% order growth 2024
  • 175 million users
  • users up 25%

Why this matters

Meesho's direct tie-ups with P&G, HUL and Himalaya deepen its branded-vertical moat and position it as a preferred distribution partner for CPG majors targeting India's smaller-city consumers.

What to watch

  • Mall GMV/order-growth disclosures over next 2 quarters vs the 35% baseline
  • Repeat-purchase and AOV metrics specific to personal care
  • Brand pricing/MOP disputes or public channel-conflict statements
  • Quick-commerce expansion into tier-2 cities eroding delivery-speed gap
  • Meesho pre-IPO financials signaling monetization pressure on Mall margins
  • Meesho expands Mall category roster to include more FMCG verticals (food, home care) using the same brand-partnership template
  • Brands negotiate exclusive SKUs or pack sizes for Meesho to avoid direct price collision with other channels
  • Investment in tier-2/3 logistics and cash-on-delivery to support personal-care fulfillment economics
  • Competitor counter-tie-ups and promotional bursts in the same geographies