New Delhi, May 24 (PTI) Internet commerce company Meesho on Tuesday said it has crossed six lakh seller registrations on the platform.

A rising number of small businesses have joined Meesho in the past year amid initiatives taken by the company including zero commission and zero penalty.

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"Meesho...announced that it has crossed 6 lakh seller registrations on the platform, recording a 7X increase since April 2021," the company said in a statement.

According to the company, over half of these sellers operate only on Meesho.

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Nearly 70 per cent of all Meesho sellers hail from tier 2+ cities such as Amritsar, Rajkot and Surat, among others.

"The company has been instrumental in transforming about 1 lakh small business owners into lakhpatis and over 5,000 into crorepatis since January 2021," Meesho claimed.

Enabling sellers to tap into a large and diverse customer base has bolstered their earning potential, it pointed out.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)