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MEESHO BLOCK DEAL
Block deal alert: Meesho shares in focus as Peak XV, Elevation Capital eye Rs 1,900 crore stake salePeak XV and Elevation Capital plan to sell a 2.3 per cent stake in Meesho via Rs 1,900 crore block deals. This follows Meesho narrowing its...- Institutional demand sparks surge in block deals as promoters book profitsPromoters and large shareholders are cashing in on a stock market rebound, offloading shares worth over ₹24,000 crore in May and June. This...
- Fidelity Investments buys 2 pc stake in Lodha Developers for Rs 1,864 croreFidelity Investments has strategically acquired a 2% stake in Lodha Developers, amounting to Rs 1,864 crore, through open market operations...
- Startup investors cash out nearly Rs 18,000 crore after IPO lock-ins endTop global investors like SoftBank and KKR have cashed out nearly Rs 18,000 cr from new-age Indian companies post-listing. This marks a shi...
- Sarvam’s unicorn raise; Big exits in new IPOsHappy Tuesday! Sarvam has vaulted into the unicorn club after a fresh funding round. This and more in today’s ETtech Morning Dispatch.
- Sarvam joins unicorn club; Razorpay lines up IPOFresh funding has propelled Sarvam AI into the unicorn club. This and more in today’s ETtech Top 5.
- Lenskart block deal; Meesho's kirana pushLenskart has drawn fresh interest from major institutional investors. This and more in today's ETtech Top 5.
- Kuku FM readies public market debut; SoftBank books Lenskart gainsKuku FM's parent has taken the first step towards a stock market listing. This and more in today's ETtech Top 5.
- SoftBank snags Rs 2,873 crore from Lenskart stake sale, clocking 7x returnSVF II Lightbulb Cayman, a SoftBank affiliate, sold 5.65 crore shares, or 3.25%, in Lenskart for Rs 2,873 crore through a block deal on Wed...
- Z47 bids Ola Electric adieu; Meesho IPO over subscribed 79xOla Electric lost one of its earliest backers during a period of turmoil, but there’s more to it. This and more in today’s ETtech Top 5.
- Meesho IPO: GMP at 38% ahead of December 3 opening, signals strong listing sentimentMeesho's IPO, opening December 3-5 with a price band of Rs 105-Rs 111, shows strong investor sentiment with a healthy grey market premium. ...
- Growing logistics strain dampens ecommerce’s festive season sales vibeAs India gears up for the festive season, online retailers are facing logistics challenges as record sales are anticipated this year. Compa...
- Logistics firms under pressure; The race to deliver styleHappy Thursday! With Indian ecommerce firms insourcing deliveries, the third-party logistics sector is likely to witness consolidation. Thi...
- Meesho in talks for secondary deal with Peak XV, Tiger Global at $3.5-3.9 billion valuationSome of Meesho's angel investors and other early backers may sell shares worth around $200 million, people in the know told ET. The transac...
- Meesho’s fintech bet; Byju’s valuation crashes 99%Ecommerce firm Meesho is diversifying revenue streams via two new business lines. Details of this and more in today’s ETtech Morning Dispat...
- Meesho looks to cut costs, extend runway; Udayy sacks workers and shuts downMeesho, for one, is taking their advice and shifting gears amid the downturn. But it’s too late for edtech startup Udayy, which has laid of...
- Meesho rebrands Farmiso to Superstore in grocery push; Musk appointed to Twitter boardWith only 0.5% of grocery sales in India being online, Meesho has a huge market to tap into even as it fights well-entrenched rivals like A...
- What Indian ecommerce will look like in 2022New kids on the block are challenging dominant ecommerce players and expanding deeper into the country to win over new users and push them ...
- Meesho's non-discount; crypto bill to ban transfers between exchangesWhen Meesho wrote to its sellers earlier this week about an upcoming sale, the company chose its words carefully, saying it would offer a m...
- Ola Electric raises $200M; Meesho’s valuation nears $5BOla Electric, the company that’s on a mission to ensure that no petrol two-wheelers are sold in India after 2025, said today that it has ra...
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