RPS Ventures offloads shares of e-commerce marketplace Meesho worth Rs.900-Cr
Venture Capital firm RPS Ventures (via RPS WOS II LLC) has sold nearly 3.9 crore shares of Bengaluru-based, listed e-commerce company Meesho fetching INR 899.7 crore. The shares were offloaded through a bulk deal on the BSE at INR 233 per share.With this sale, RPS Ventures, a late-stage VC firm co-founded by former SoftBank executive Kabir Misra, has reduced its shareholding in Meesho by more than 71%.Meesho recently reported a 54% year-on-year reduction in its consolidated net loss to INR 132.8 Cr, while operating revenue grew by 48% to INR 3,707 Cr for the quarter ended June 2026.
RPS Ventures first invested in Meesho in Nov 2018 and continued to invest till Aug 2019. The company went public in Dec-2025.For FY26, Meesho had reported about INR 6,381 Cr in Operating Income and about INR 27,331 Cr in PAT.
Want to receive such news items in your inbox? Click Here to sign up for a trial.