Stake sale · Commerce & Consumer Brands

SoftBank sells 1.73% stake in Meesho via block deal

By Startup Enthusiast · 22 August 2026

What they do

Meesho is an e-commerce marketplace that connects small businesses and individual sellers with customers across India

SoftBank sold 8 crore shares worth ₹1,650.4 crore in a block deal [a large trade executed outside the open market]

This transaction follows a series of recent exits by early investors including Y Combinator, Elevation Capital, and Peak XV Partners

Japanese investment firm SoftBank sold 8 crore shares of Meesho in a block deal on September 3, 2026.
The transaction was valued at approximately ₹1,650.4 crore at an average price of ₹206.30 per share.
The shares sold represent a 1.73% stake in the e-commerce marketplace.
The stake was purchased by a mix of institutional investors including Societe Generale, Motilal Oswal, and Fidelity.
This sale follows a recent 1.05% stake sale by Y Combinator for nearly ₹970 crore in late August 2026.

Meesho has seen a flurry of secondary market activity with early investors like Elevation Capital and Peak XV Partners also offloading shares recently.
The company reported a 48% year-on-year revenue growth to ₹3,713 crore in the first quarter of fiscal year 2027.
Net losses for the same quarter narrowed significantly to ₹133 crore from ₹289 crore in the year-ago period.

Meesho operates an online marketplace that enables small businesses and individual entrepreneurs to sell products directly to consumers.
The platform focuses on the value-conscious segment of the Indian market with a wide range of fashion, electronics, and home goods.
It generates revenue through seller services, platform monetization, and advertising solutions for its merchant base.
The company has implemented logistics efficiencies and reduced Return-to-Origin (RTO) rates to improve its contribution margins.
Meesho reported 725 million placed orders in the first quarter of FY27 with significant growth in prepaid order adoption.