Meesho’s Valmo logistics insourcing stalls at about half of shipments
Meesho’s in-house delivery network Valmo has held near 50% of order volumes for three quarters after topping 60% in mid-2025. The marketplace is prioritising cost benchmarks over further insourcing, reducing immediate exposure for key partners Delhivery and Shadowfax.
Meesho’s in-house logistics arm Valmo has stalled at roughly half of shipment volumes after previously exceeding 60%. The platform is prioritising cost benchmarking over further insourcing, easing risks for delivery partners Delhivery and Shadowfax while facing fuel, wage and gig-worker welfare costs.
Why this matters
The logistics pause follows signals of Meesho expanding its retail footprint through the ₹202 crore Kirana Club acquisition, while investor Elevation Capital is reportedly preparing a ₹1,200 crore stake sale.
Retail-company signals are accelerating, up +385700% QoQ.