Global startup accelerator Y Combinator has sold shares worth around Rs 970 crore in Meesho through a block deal on the stock exchanges, marking another major exit by an early investor in the ecommerce company. According to data available on the NSE, Y Combinator sold around 4.84 crore shares worth Rs 969.63 crore in the transaction. The deal comes weeks after other early backers of Meesho, including Peak XV Partners and Elevation Capital, offloadedRs 1,949 croreworth of holdings in the company. The latest transaction is part of a broader trend of early Meesho investors monetising their investments after the company went public. Meesho listed on the stock exchanges in December 2025 following its IPO. Prior to the transaction, Y Combinator was expected to sell up to a 1.05% stake in Meesho for around Rs 957.5 crore, with the proposed sale price set at Rs 197.5 per share. However, the executed transaction on the NSE was valued at Rs 969.63 crore. Earlier this month, Peak XV Partners and Elevation Capital sold around 10.48 crore Meesho shares in a block deal worth nearly Rs 1,949 crore. Both investors sold around 5.24 crore shares each at Rs 186 apiece. Meesho, founded by Vidit Aatrey and Sanjeev Barnwal, operates an ecommerce marketplace focused on value-conscious consumers and sellers across India. The latest exits also highlight the significant liquidity available to Meesho’s early investors after its public listing. While these transactions allow investors to book returns, continued selling by large shareholders can also keep the stock under pressure. During the previous quarter (Q1 FY27), the company posted a 48% year-on-year increase in operating revenue toRs 3,713 crore, while its net loss narrowed 54% to Rs 133 crore from Rs 289 crore in the corresponding quarter of the previous fiscal. Bareback Media has recently raised funding from a group of investors. Some of the investors may directly or indirectly be involved in a competing business or might be associated with other companies we might write about. This shall, however, not influence our reporting or coverage in any manner whatsoever. You may find a list of our investorshere.
