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RPS Ventures sells 0.83% stake in Meesho for Rs 900 Cr through block deals

RPS Ventures has offloaded 3.86 crore shares in the e-commerce platform Meesho for around Rs 900 crore through multiple block deals on the BSE on Wednesday.

Tarun Mottlia

Via Entrackr

·Excerpt
RPS Ventures sells 0.83% stake in Meesho for Rs 900 Cr through block deals
Image: Entrackr

RPS Ventures, an early investor in e-commerce platform Meesho, offloaded 3.86 crore shares in the Bengaluru-based company for around Rs 900 crore through multiple block deals on the BSE on Wednesday.

According to stock exchange data, RPS Ventures through RPS WOS II LLC offloaded 3,86,13,960 equity shares at Rs 233 per share, representing approximately 0.83% stake in Meesho. The transaction was valued at Rs 899.71 crore.

RPS Ventures, a fund founded by former SoftBank Vision Fund managing partner Kabir Misra…

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