StartupsInc42about 3 hours ago
Y Combinator Offloads Meesho Shares Worth ₹970 Cr
2 min read
Y Combinator sold 4.85 crore Meesho shares for about ₹969.6 crore at ₹200.01 each, a 2.5% discount. Buyers included Nippon India Mutual Fund, HDFC Standard Life, Franklin Templeton, and Societe Generale. Meesho cut its Q1 FY27 net loss 54.1% to ₹132.8 crore.
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