Meesho raises Rs 2,439 crore from anchor investors ahead of IPO

Ecommerce marketplace Meesho has raised Rs 2,439 crore in a pre-IPO anchor allotment, according to a regulatory filing with the company.

Of this, Rs 1,040 crore worth of shares were allocated to domestic mutual funds.

SBI Mutual Fund picked up almost a quarter of Meesho’s anchor book, while others such as Singapore’s sovereign wealth fund GIC, asset managers BlackRock and Fidelity, and hedge fund Tiger Global also participated.

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