PE Fund Investments
WestBridge acquires Venture Highway's 1.5% stake in e-commerce co Meesho
VC firm Venture Highway has concluded a secondary sale of 1.5% of its stake in Bengaluru-headquartered e-commerce firm Meesho to WestBridge Capital at an estimated valuation of about USD 3.5 Billion, making a 50-times return. Venture Highway invested in the Softbank-backed e-commerce firm's first round in 2015. The firm continued to invest in Meesho in subsequent rounds.
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