Dendana Investments, an FPI, bought 294,804 shares of Meesho Limited for ₹5.48 Cr at ₹186.00 apiece in a block deal. A larger block deal of approximately 10.48 crore shares, valued at ₹1,949 crore, also took place on the same day, with early investors Peak XV Partners and Elevation Capital reportedly selling stakes.
An app-based marketplace that connects sellers directly with consumers across India. Meesho operates through its digital platform, offering a diverse range of product categories including fashion, accessories, electronics, home and kitchen items, health and fitness equipment, and office supplies. The company enables small businesses and individual sellers to reach customers through its technology-driven commerce ecosystem, facilitating transactions between merchants and buyers nationwide.
Dendana Investments is a Mauritius-based investment company that is part of Khazanah Nasional, Malaysia's sovereign wealth fund, and invests in Indian listed companies.