Meesho Discontinues CPO Role, Restructures Product Team

Ecommerce platform Meesho has announced a significant restructuring of its product leadership team, eliminating the chief product officer (CPO) role, according to a regulatory filing with stock exchanges. Prasanna Arunachalam, the current CPO, will no longer hold the senior management position, though he will remain employed by the company from today's date (September 9).

The restructuring aims to enhance accountability and align product strategy with the long-term needs of each business unit. Arunachalam, who joined Meesho in 2020, previously worked at Procter & Gamble, Vizury, and Cleartrip before assuming the CPO position in 2025. The company's decision to eliminate the CPO role remains unclear, as the rationale behind this change has not been disclosed.

Meesho is currently finalizing Arunachalam's new role, which he will still hold within the senior management team. The company went public in December 2025, raising ₹5,421 crore through an IPO, with cofounders Vidit Aatrey and Sanjeev Kumar, as well as investors like Elevation Capital, Peak XV Partners, and Y Combinator, selling a combined 10.6 crore shares.

Arunachalam held over 3 lakh shares, representing 0.02% of the company's shares at the time of the IPO, and earned an annual remuneration of ₹1.3 crore in FY25. In the first quarter of fiscal year 2027 (Q1 FY27), Meesho reduced its net loss by 54.1% year-over-year to ₹132.8 crore, while its operating revenue surged 48% to ₹3,707 crore.

Operating metrics showed a 34% year-over-year increase in the net merchandise value of goods sold on the platform to ₹11,614 crore, and a 29% growth in the number of annual transacting users to 27.4 crore. Meesho's shares ended today's trading session 2.82% higher at ₹216.95.