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SOFTBANK MEESHO
Lenskart block deal; Meesho's kirana pushLenskart has drawn fresh interest from major institutional investors. This and more in today's ETtech Top 5.12 Jun, 2026, 08.03 PM IST- Macquarie initiates 'Underperform' rating on Meesho, sees 25% downside. Here's whyMacquarie has initiated coverage on Meesho with an ‘Underperform’ rating and a target price of Rs 125, implying nearly 25% downside. The br...06 Jun, 2026, 02.24 PM IST
- 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 5.04 Jun, 2026, 08.01 PM IST
- 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...04 Jun, 2026, 07.47 PM IST
- Japan’s MUFG readies $250 million India fund as investor mix shifts in startup fundingJapan's MUFG is launching a significant $250 million fund for Indian startups. This new fund will focus on early and growth-stage companies...02 Jun, 2026, 04.45 PM IST
- Ex-Peak XV trio raises Mettle; Fintechs go licence huntingHappy Thursday! Three former Peak XV MDs, who abruptly left the VC firm, are launching Mettle Capital to back Indian startups. This and mor...14 May, 2026, 08.49 AM IST
- SoftBank logs $600 million paper loss on India-listed portfolio in March quarterSoftBank's Indian investments faced a significant downturn in the January-March quarter. Several prominent companies like Swiggy and Ola El...14 May, 2026, 08.07 AM IST
- Job cuts at Freshworks; Meesho, PB Fintech Q4 earningsFreshworks announced job cuts as it ramps up AI focus. This and more in today's ETtech Top 5.06 May, 2026, 08.59 PM IST
- Meesho Q4 revenue jumps 47%; operating losses widen on aggressive growth pushCEO Vidit Aatrey said that over 70% of the company’s code now is being written using artificial intelligence. More than three fourths of Me...06 May, 2026, 08.39 PM IST
- SoftBank changes India gears; Meesho’s homecomingHappy Tuesday! SoftBank is looking to acquire IT-enabled services firms in India. This and more in today’s ETtech Morning Dispatch.24 Jun, 2025, 09.25 AM IST
- SoftBank-backed Meesho said to plan IPO filing in coming weeksThe Bengaluru-based firm, backed by SoftBank Group Corp., is reportedly aiming to raise between $700 million and $800 million through the I...11 Jun, 2025, 04.21 PM IST
- SoftBank back at deal counter with Icertis deal talksTech VC in funding talks with portfolio co Icertis, which is stitching up a $150m secondary round09 May, 2024, 11.37 AM IST
- Meesho FY23 revenue grows 77% to Rs 5,735 crore, loss narrows 48%For the first half of FY24 ended September 30, 2023, Meesho said its operating revenue increased 37% year-on-year to Rs 3,521 crore, with a...29 Dec, 2023, 07.18 PM IST
- Meesho tightens returns process to save costs, triggers seller protestsMeesho undertook changes to its product returns policy following feedback from its third-party logistics partners, the sources added. Retur...23 Jan, 2023, 06.00 AM IST
- Meesho's diversification plan pits it against Amazon, FlipkartSocial commerce platform Meesho wants to diversify its business model to target 100 million small businesses, a hitherto untapped yet lucra...13 Apr, 2021, 10.55 AM IST
- Meesho raises $300 million from SoftBank Vision Fund as valuation races past $2 billionBy entering the space to digitise and service India’s SMBs, Meesho will go up against giants such as Reliance Industries, Amazon, Flipkart ...05 Apr, 2021, 01.00 PM IST
- Facebook-backed Meesho nears $250 million funding from SoftBank Vision Fund, othersThe funding round may double Meesho's valuation to $2 billion — propelling the Facebook-backed startup into the coveted unicorn club.13 Feb, 2021, 04.12 AM IST
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