SoftBank Sells 1.65% Stake in Meesho for Rs 1,885 Crore Through Block Deal
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Startup Spotlight India
- November 14, 2026
Japanese investment conglomerate SoftBank has sold a 1.65% stake in e-commerce platform Meesho for approximately Rs 1,885 crore through a block deal on Friday.
According to stock exchange data, SoftBank-backed SVF II Meerkat (DE) LLC offloaded 7.64 crore equity shares of Meesho at Rs 246.75 per share. The transaction was valued at approximately Rs 1,885.17 crore.
The transaction was also reported by Moneycontrol.
Fidelity and Societe Generale Among Major Buyers
The shares were acquired by a group of domestic and international institutional investors.
Fidelity and Societe Generale emerged as the largest buyers, acquiring 1.88 crore and 1.47 crore shares, respectively. Morgan Stanley Asia Singapore was another major buyer in the transaction.
Other participating investors included Goldman Sachs Bank Europe, the Government of Singapore, HDFC Mutual Fund, the Monetary Authority of Singapore, Motilal Oswal Mutual Fund, Norges Bank on behalf of the Government Pension Fund Global, Bajaj Allianz Life Insurance, Texas Municipal Retirement System and William Blair Emerging Markets ex China Growth Collective Investment Fund.
Aditya Birla Sun Life Mutual Fund, FGTFEBP FIAM Select Emerging Markets Equity Commingled Pool and BNP Paribas also acquired shares through the block deal.
SoftBank’s Stake in Meesho Declines to 5.19%
SoftBank held a 6.84% stake in Meesho as of September 2026. Following the latest transaction, its shareholding is estimated to have declined to approximately 5.19%.
The latest divestment represents another partial exit by the Japanese investor from the Bengaluru-based e-commerce company.
In September 2026, SoftBank had sold a 1.73% stake in Meesho through a block deal valued at Rs 1,650 crore.
The reduction in SoftBank’s holding following the latest transaction was also reported by Fortune India.
Meesho Reports Revenue Growth in Q2 FY27
Meanwhile, Meesho reported a 38% year-on-year increase in operating revenue to Rs 4,132 crore in the second quarter of FY27.
The company also reduced its net loss by 68% to Rs 132 crore, compared with Rs 411 crore in the corresponding quarter of the previous financial year.
Meesho’s quarterly financial performance was also covered by Business Standard.
At the close of Friday’s trading session, Meesho shares settled at Rs 257.07 on the National Stock Exchange (NSE).
The company had a total market capitalisation of Rs 1,19,049 crore ($12.5 billion).
Frequently Asked Questions (FAQs)
1. How much stake did SoftBank sell in Meesho?
SoftBank sold a 1.65% stake in Meesho through a block deal valued at approximately Rs 1,885.17 crore.
2. Who purchased Meesho shares in the block deal?
Fidelity, Societe Generale, Morgan Stanley Asia Singapore and several other domestic and international institutional investors acquired shares.
3. How much stake does SoftBank hold in Meesho after the sale?
SoftBank’s shareholding is estimated to have declined from 6.84% to approximately 5.19%.
4. What was Meesho’s revenue in Q2 FY27?
Meesho reported operating revenue of Rs 4,132 crore in Q2 FY27, representing 38% year-on-year growth, according to the supplied report.
5. What was Meesho’s net loss in Q2 FY27?
Meesho reported a net loss of Rs 132 crore, down 68% from Rs 411 crore in the corresponding quarter of the previous financial year.
