Vidit Atre has been associated with the company since 2015.
Vidit Atre, co-founder of online shopping platform Meesho and heading the company, joined the billionaire club on the day of IPO listing. After the listing, there was a strong rise of 74 percent in the company’s shares. The share price increased from the issue price of ₹111 to a record level of ₹193 per share, i.e. an increase of more than 74 percent. With this, Vidit Atre’s net worth directly reached 1 billion dollars (about ₹ 9,128 crore).
Atre holds 47.25 crore shares (11.1 percent stake) in the company. At the same time, the company’s second co-founder Sanjev Barnwal holds 31.6 crore shares, whose value is now estimated at around ₹ 6,099 crore. Meesho was founded in 2015 by Vidit Atre and Sanjeev Barnwal. Today it has become one of the largest and most effective social commerce platforms in India. This platform gives people and small businessmen the opportunity to sell products through a network of resellers.
Many big companies invested in the company
The company includes major investors like Meta, SoftBank, Sequoia Capital, Y Combinator, Naspers and Elevation Capital, making it one of the most talked-about digital commerce companies in recent years. Vidit Atre is holding the responsibilities of Chairman, Managing Director and CEO of Meesho. He has been associated with the company since its inception on 13 August 2015. He is a graduate in Electrical Engineering from IIT Delhi and decides the company’s strategy, major decisions and the direction of long-term growth.
Also read- Meesho’s explosive entry in the market, investors got 60% profit on the very first day
Vidit Atre’s journey
Before Meesho, Vidit Atre has worked in ITC Limited and InMobi. His success has been recognized on many platforms. He has been included 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 and 2025). However, Meesho’s journey was not easy.
company journey
The company started with Fashnear, a hyperlocal fashion delivery app inspired by Flipkart’s early model, but the idea quickly failed as product choice mattered more to customers than speed of delivery. After this, a digital storefront like Shopify was created, which was better than before, but could not grow on a large scale.