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

Early Meesho backer RPS Ventures sold 3.86 crore shares at Rs 233 each, cutting its holding from 1.12% to about 0.29%. The exit follows other investor sell-downs as the Bengaluru marketplace reported 48% year-on-year Q1 FY27 revenue growth and a narrower loss.

— FiledWed, 23 Sept, 2026, 20:40 IST·First seen Wed, 23 Sept, 2026, 20:40 IST·Source Entrackr

What happened

Early Meesho investor RPS Ventures sold a 0.83% stake for Rs 899.71 crore through BSE block deals. The Bengaluru e-commerce platform has seen multiple

Key facts

  • RPS Ventures sold 3,86,13,960 shares
  • 0.83% stake sold
  • Rs 899.71 crore transaction value
  • Sale price: Rs 233 per share
  • RPS Ventures holding declined from 1.12% to about 0.29%
  • SoftBank earlier sold 1.73% stake worth Rs 1,650.4 crore
  • Meesho Q1 FY27 operating revenue: Rs 3,713 crore, up 48% YoY
  • Meesho Q1 FY27 net loss: Rs 133 crore, down 54% YoY
  • Market capitalization: Rs 1,09,341 crore ($11.5 billion)

Why this matters

The continued investor sell-downs create a clearer market-based valuation signal for potential strategic partnerships or future transactions involving Meesho.

What to watch

  • Quarterly revenue growth durability versus the reported 48% year-on-year Q1 FY27 increase.
  • Net-loss, EBITDA, contribution-margin, and cash-burn trends.
  • Further block-deal disclosures involving major investors, founders, or employee shareholders.
  • Secondary share pricing relative to the Rs 233-per-share transaction level.
  • Evidence of higher active users, order frequency, seller retention, and advertising/logistics monetization.
  • Any formal IPO preparation, banker appointments, governance changes, or pre-IPO capital raise.
  • Additional early-stage and venture investors may pursue staggered block deals to monetize holdings while trading liquidity is available.
  • Meesho is likely to emphasize contribution-margin improvement, cash discipline, repeat-purchase growth, and seller monetization in upcoming investor communications.
  • The company may broaden institutional shareholder participation through secondary placements, pre-IPO financing, or other liquidity-enabling transactions.
  • Competitors may intensify discounting and seller incentives if Meesho's improving financial profile strengthens its ability to fund customer acquisition selectively.

Also reported by