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SoftBank Sells ₹1,885 Crore Stake in Meesho as 16 Investors Buy Shares

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SoftBank Sells ₹1,885 Crore Stake in Meesho as 16 Investors Buy Shares

Meesho has seen a major stake sale as Japanese investment giant SoftBank sold 1.65% of its holding in the e-commerce company for ₹1,885 crore through a block deal. The transaction involved 7.64 crore shares sold at ₹246.75 apiece and attracted 16 domestic and global institutional investors, including Fidelity Investments, Societe Generale, Goldman Sachs and Morgan Stanley. Fidelity emerged as the biggest buyer, acquiring shares worth approximately ₹573 crore.

Following the transaction, SoftBank's stake in Meesho declined from 6.84% to 5.19%. This marks another partial exit by the Japanese investor, which had previously sold shares worth around ₹1,650 crore in September 2026. The deal highlights continued institutional investor interest in one of India's major e-commerce platforms.

#Meesho #Ecommerce #IndianStartups #Startup77

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