SoftBank Sells 1.65% Stake In Meesho For ₹1,885 Crore
Japanese investment major SoftBank Group has sold a 1.65% stake in e-commerce company Meesho for approximately ₹1,885 crore, continuing its strategy of reducing holdings in Indian technology businesses. As per a report by PTI, block deal data from the National Stock Exchange (NSE) showed that SoftBank affiliate SVF II Meerkat (DE) LLC sold 7.64 crore shares in the Bengaluru-based company on…
We haven't written up this one. Free Press Journal has the full story — the link below goes straight to it.
