Liquidity Events
Elevation Cap, Peak XV divest Rs 1,949-Cr worth shares in E-Comm firm Meesho
Elevation Capital and Peak XV Partners Investments V have divested a combined 2.27% equity stake in the e-commerce company Meesho through a series of open market transactions. The shares were offloaded at a price of Rs 186 per share, resulting in a total transaction value of INR 1,949 crore.The transaction involved the sale of 5.24 crore equity shares each by Elevation Capital V and Peak XV Partners Investments V. According to the company's shareholding pattern as of June 2026, Elevation Capital V held a 12.04% stake, while Peak XV Partners Investments V held 10.06% of the shares.
Elevation Capital and Peak XV Partners first invested in Meesho in Oct 2017 and Jun 2018 respectively. The company went public in Dec 2025, as part of which, Elevation Capital and Peak XV Partners had made a part exit.For FY25, Meesho had reported about INR 6,381 Cr in Operating Income and about INR 27,331 Cr in PAT.
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