Meesho senior executive Megha Agarwal resigns
ETtech January 08, 2026 12:38 AM
Synopsis

Megha Agarwal, general manager-business, Meesho has quit the ecommerce marketplace, according to a stock exchange filing. Agarwal, who reported directly to founder and CEO Vidit Aatrey, had joined Meesho in 2019 and was elevated to lead the company's growth function in 2022. She took over the role of general manager-business in 2023 when Utkrishta Kumar quit from the position.

Megha Agarwal, general manager-business at Meesho, has quit the ecommerce marketplace, according to a stock exchange filing. Milan Partani, the company's general manager-user growth & content commerce will see his role expand to take on the responsibilities of Agarwal, Meesho said in a separate filing.

Agarwal, who reported directly to founder and CEO Vidit Aatrey, had joined Meesho in 2019 and was elevated to lead the company's growth function in 2022. She took over the role of general manager-business in 2023 when Utkrishta Kumar stepped down from the position.

As general manager-business, Agarwal led the category management function, and she was designated as a senior management personnel.


"We wish to inform you that Ms Megha Agarwal, general manager-business and a senior management personnel of Meesho Limited, has on January 07, 2026 tendered her resignation from the services of the company," Meesho said in the exchange filing.

Also Read: Meesho expanded ecomm beyond India’s top 5%, say executives, backers

Agarwal was one among six senior management personnel who directly reported to Aatrey. This includes CFO Dhiresh Bansal, chief product officer Prasanna Arunachalam, CHRO Ashish Kumar Singh, Sourabh Pandey, general manager-fulfilment and experience, and Partani.

Meesho was founded by Aatrey and CTO Sanjeev Barnwal in 2015.

On Wednesday, Meesho's shares closed 5% down at Rs 173.20 apiece on the BSE. According to the company’s IPO prospectus, Agarwal owned 3.5 million shares in the company, representing around 0.14% of the total shareholding.

The Bengaluru-based company listed on December 10 after a Rs 5,421 crore initial public offering.

Meesho’s stock had witnessed a listing pop, and it closed 53% higher from its issue price on its debut day.

The company had reported operating revenues of Rs 5,577 crore in the first half of FY26, up from Rs 4,311 crore a year earlier. Its net loss during this period narrowed sharply to Rs 700 crore from Rs 2,512 crore. For FY25, its operating revenue was up 23% to Rs 9,390 crore. However, it posted a net loss of Rs 3,942 crore, mainly due to a one-off tax hit when shifting its corporate domicile from the US to India.

Also Read: Meesho listing unlocks billions in wealth for founders, early investors Elevation, Peak XV
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