SynopsisY Combinator has sold nearly Rs 970 crore worth of Meesho shares through a block deal, adding to its returns from the ecommerce company. The accelerator has now realised around Rs 1,050 crore from Meesho. The sale comes days after it cashed out Rs 1,435 crore from Groww.Silicon Valley startup accelerator Y Combinator has sold shares worth nearly Rs 970 crore in ecommerce firm Meesho through a block deal on Monday, days after cashing out Rs 1,435 crore from stockbroking platform Groww.Y Combinator sold a combined 4.85 crore Meesho shares at Rs 200.01 apiece, exchange data showed. The sale represents just over 1% of the ecommerce company's equity.The transaction adds to Y Combinator’s returns from Meesho, whichNow Playing
Y Combinator pockets Rs 970 crore from Meesho stake sale - The Economic Times
Y Combinator has sold nearly Rs 970 crore worth of Meesho shares through a block deal, adding to its returns from the ecommerce company. The accelerator has now realised around Rs 1,050 crore from Meesho. The sale comes days after it cashed out Rs 1,435 crore from Groww.
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