Will WestBridge Capital Have A Minority Stake In Meesho?

Meesho is an online shopping platform that is said to facilitate trade between suppliers, resellers and customers as an online marketplace.It achieved a valuation of nearly $5 billion in 2021 after a $570 million Series F funding round led by Fidelity and B Capital. WestBridge Capital is an investment firm that is said to primarily focus on investments in India. And in September 2023, it was reported that WestBridge may acquire a minority stake in Meesho. This move may be through a secondary transaction that’s valued at around $3 billion.If this goes ahead, WestBridge would acquire about 2% of Meesho.

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