Invesco Mutual Fund reduced its stake in FSN E-Commerce Ventures Limited from 1.30% to 1.06%, selling 68,98,822 shares.
A digitally native consumer technology platform delivering content-led lifestyle retail experiences across beauty, personal care, and fashion segments. The company operates a curated marketplace featuring diverse product portfolios from established brands alongside its own manufactured brands. It combines e-commerce infrastructure with lifestyle content to create an integrated shopping experience for Indian consumers seeking beauty, wellness, and fashion products.
Indian subsidiary of Invesco Ltd, a US-listed global investment manager with over USD 1.8 trillion in AUM worldwide. Manages over Rs 1.2 lakh crore in India. Known for its Invesco India Contra Fund, which runs a contrarian, undervalued stock strategy against consensus market positioning. One of the few global AMC franchises maintaining a strong active equity presence in India.
