Canara Robeco Mutual Fund bought 15,00,002 shares of Meesho Limited for ₹30.00 Cr at ₹200.01 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.
Joint venture between Canara Bank and Robeco of Netherlands. Manages over Rs 1.5 lakh crore. Canara Robeco Equity Hybrid Fund and Canara Robeco Emerging Equities are among its best-regarded offerings with long consistent track records. Backed by the Canara Bank network for distribution across Tier 2 and Tier 3 India.