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WestBridge evaluates buying stake in India’s Meesho at a discount
WestBridge Capital is in advanced stages of talks to purchase shares of Meesho worth at least tens of millions in the secondary market, according to two people familiar with the matter, as the high-profile venture firm looks to broaden its bet on e-commerce. The crossover fund, with a two-decade history of focusing on startups in […]
Sep 29, 2023
WestBridge evaluates buying stake in Meesho at a discount
WestBridge Capital is in advanced stages of talks to purchase shares of Meesho worth tens of millions of dollars in the secondary market, according to two people familiar with the matter, as the high-profile venture firm looks to broaden its bet on e-commerce. The crossover fund, with a two-decade history of focusing on startups in […]
Sep 29, 2023
SoftBank stays in as Meesho $606M IPO becomes India’s first major e-commerce listing
Meesho, an Indian e-commerce rival to Amazon and Walmart-owned Flipkart, is set to launch a roughly $606 million IPO marked by token sell-downs from early backers and no sales from big names such as SoftBank and Prosus, signaling investor conviction in India's booming online retail market at a time when tech shareholders globally have been cashing out at listings.
Nov 28, 2025
Peak XV trims fund size and fees as Indian market overheats
Peak XV, the largest India and Southeast Asia-focused venture firm, is reducing the size of some of its funds and lowering fees as it seeks to become “deeply aligned” with its limited partners. The firm, which secured capital commitments totaling $2.85 billion in mid 2022, informed its backers on Tuesday evening that it is releasing them from $465 million in obligations from those 2022 vintage funds, according to an investor letter seen by TechCrunch. The venture group, which remains the larges
Oct 1, 2024