Meesho Limited
Bank of America bought 20.5 lakh shares of Meesho Limited for ₹42.29 Cr at ₹206.30 apiece in a block deal.
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.
US-based global bank and one of the world's largest financial institutions (USD 3+ trillion balance sheet). India FPI activity covers proprietary positions, market-making and client flows in listed Indian equities through BofA Securities and Merrill Lynch entities.