Meesho reports 36% Rakhi order growth as non-metros contribute 73% of demand

Meesho said Rakhi orders rose 36% year on year and GMV increased 38%, with non-metro markets accounting for about 73% of orders. The marketplace also reported a 72% rise in Rakhi-product sellers and 58% prepaid-order share.

— FiledSun, 30 Aug, 2026, 14:09 IST·First seen Sun, 30 Aug, 2026, 14:09 IST·Source ET Retail

What happened

Meesho reported 36% Rakhi-order growth and 38% GMV growth in 2026, driven by non-metro demand. Smaller towns generated about 73% of orders, while participating

Key facts

  • Rakhi orders grew 36% year on year
  • GMV grew 38% year on year
  • Non-metro markets contributed around 73% of orders
  • Rakhi-product sellers increased 72% year on year
  • Dadri orders grew around 105% year on year
  • Prepaid payments accounted for 58% of Rakhi orders

Why this matters

Meesho’s non-metro-heavy festive demand and expanding seller base strengthen its positioning as a partner or competitive benchmark for value-focused commerce, payments, and logistics players.

What to watch

  • Whether non-metro order share stays near or above 70% through Navratri and Diwali.
  • GMV growth relative to order growth and average order value trends during the festive period.
  • Prepaid-order share, cancellation rates, return rates and delivery-time performance in non-metro markets.
  • Seller retention and active-listing growth after the 72% seasonal seller increase.
  • Promotional intensity, shipping subsidies and evidence of contribution-margin pressure.
  • Competitive festive campaigns from Flipkart, Amazon, Shopsy and social-commerce platforms.
  • Scale seller acquisition and catalog depth in tier-2, tier-3 and rural-adjacent clusters ahead of Diwali.
  • Use the high prepaid-order mix to reduce COD-related cancellations, improve delivery economics and promote prepaid incentives.
  • Prioritize regional-language discovery, low-ticket gifting bundles and local assortment to increase conversion in non-metros.
  • Expand logistics capacity and seller fulfillment support in high-demand regional hubs to protect delivery SLAs during peak festive weeks.
  • Use Rakhi cohorts for targeted cross-sell into fashion, home decor, electronics accessories and beauty during the broader festive season.