Meesho's PRISM AI engine now drives 75% of orders as Q4 FY26 NMV jumps 43% to ₹11,371 crore

Meesho's proprietary PRISM recommendation system, running 100 AI ranking models on 400 trillion signals, now powers 75% of orders across 264 million users. Voice agent Vaani delivered a 22% conversion lift across 1.5M users. Q4 FY26 losses narrowed 66% with contribution margin at 4.0%.

— Source publishedThu, 4 Jun, 2026, 18:41 IST·First seen Thu, 4 Jun, 2026, 18:42 IST·Source The Hindu BusinessLine

What happened

Meesho rolled out PRISM, an in-house AI recommendation engine now driving 75% of orders, alongside voice agent Vaani. Q4 FY26 NMV rose 43% to ₹11,371 crore with

Key facts

  • 264 million annual transacting users
  • 75% of orders
  • 100 AI ranking models
  • 400 trillion input signals
  • 6 trillion daily inferences
  • 10 languages
  • 263 million MAUs
  • 17 billion daily product views
  • NMV ₹11,371 crore Q4 FY26
  • 43% YoY growth
  • ₹717 million orders
  • losses narrowed 66%
  • contribution margin 4.0%
  • Vaani 1.5 million users
  • 22% conversion lift

Why this matters

PRISM and Vaani are now defensible IP moats that reframe Meesho from a value-commerce app into an AI-native platform, raising the bar for any acquirer, partner, or competitor targeting India's Tier 2+ e-commerce stack.