Westbridge Capital buys stake in Meesho
13 October 2023
Westbridge Capital has acquired 1.5% of Meesho at a valuation of $3.5 billion, two people with knowledge of the deal said. The investment firm acquired the stake from Meesho's seed investor, Venture Highway.
Venture Highway will retain around 3.8% of Meesho, one of the people
cited above added, requesting anonymity. In a statement, Venture
Highway said it generated over 50 times its initial investment.
Westbridge Capital has acquired 1.5% of Meesho at a valuation of $3.5 billion, two people with knowledge of the deal said. The investment firm acquired the stake from Meesho's seed investor, Venture Highway.
Venture Highway will retain around 3.8% of Meesho, one of the people
cited above added, requesting anonymity. In a statement, Venture
Highway said it generated over 50 times its initial investment.
Stay Connected, Stay Informed –
Don’t miss out on exclusive updates, market trends, and real-time investment opportunities. Be the first to know about the latest unlisted stocks, IPO announcements, and curated Fact Sheets, delivered straight to your WhatsApp.
Pre Ipo
Upcoming IPO
Unicorn
Planify Enterprises Private Limited
Planify Capital Limited
Licensed By
Mutual Fund License No.:
ARN-164419
IRDA Code (1):
ABLIC1003123454
IRDA Code (2):
ABLIC1003131639
Startup India Certificate No.:
DIPP93786
Other Websites
ⓒ 2016-2026 Planify. All rights reserved, Built with
in India
