
Stake saleCommerce & Consumer Brands
SoftBank unit may sell 1% of Meesho
By Abha Lohia · Editor ·
Meesho: revenue and funding and every story →
Block dealBengaluruFounded 2015
- Meesho is a Bengaluru-based online marketplace that serves shoppers and sellers across smaller Indian towns
- A SoftBank affiliate is likely to sell about 1% of the company in a block deal (one large share trade) worth around ₹1,174 crore
- The floor price is ₹246.23 a share, up to 3.1% below the current market price
What happened
- SVF II Meerkat may sell 1% of Meesho.
- The deal is worth about ₹1,174 crore.
- Floor price is ₹246.23 per share.
Why it matters
- The price is a discount of up to 3.1%.
- The news follows recent index inclusion for the stock.
- The quarter showed a smaller loss.
The business
- Meesho runs an online marketplace.
- It is listed on the stock exchange.
- It had 284 million annual transacting users.
- Net merchandise value was ₹12,911 crore.
- Cash stood at ₹7,048 crore.
The founders
Who put in money
- SVF II Meerkat Seller — SoftBank affiliate.
In numbers
₹132 CrNet loss · Q2 FY27
₹12,911 CrNMV · Q2 FY27
The numbers around it
Commerce & Consumer Brands in November 2026: 7 rounds with a disclosed amount, $116 million in all; the biggest was GIVA ($100M+). Every sector this year →
Terms in this story
- Marketplace: A marketplace is a platform that connects buyers and sellers and earns a commission or fee on each transaction, without owning the goods or services. Its value rises as both sides join. The numbers to read are gross merchandise value (GMV), take rate, which is the share of GMV the platform keeps, and repeat usage.
- Block deal: A block deal is one large trade, agreed between big buyers and sellers, done in a special window on the stock exchange. A bulk deal is any day's trading in one company's shares that crosses a set share of its listed shares. Early investors often use both to sell after an IPO.
Read next
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