Stake sale
Peak XV and Elevation sell Meesho stake
By Startup Enthusiast ·
- Date
- Company
- Peak XV Partners
- What it does
- Meesho stake sale
- Kind
- Stake sale
- Amount
- ₹1,949 crore
What they do
The two investors together sold about 2.3 percent of Meesho, or 10.48 crore shares, in open market deals
What happened
Trades happened on Tuesday at an average ₹186 a share, worth ₹1,949 crore in all
Why it matters
Meesho shares slipped nearly one percent the next day to trade around ₹190.50
The details
- Peak XV and Elevation Capital sold Meesho shares.
- The stake was about 2.3 percent.
- The average price was ₹186.
- The sale took place in Aug 2026.
More on Peak XV Partners
- Peak XV names 18 startups for Surge 1229 September 2026 · New fund
- Peak XV sells 1.46% of Groww16 September 2026 · Stake sale · ₹1,756 crore
- Peak XV partner Kriti Gupta leaves after five years7 August 2026 · People
- Peak XV sells more Go Digit shares5 June 2026 · Stake sale · ₹139 crore
- Peak XV joins ₹5,326 crore Groww share sale12 May 2026 · Stake sale · ₹5,326 crore
- Peak XV fully exits MobiKwik for ₹130 crore28 April 2026 · Stake sale · ₹130 crore
- Peak XV closes $1.3 billion across three funds20 February 2026 · New fund · $1.3 billion
- Three senior partners leave Peak XV to launch their own venture capital firm4 February 2026 · People
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