Meesho raises Rs 2,439 crore from anchor investors ahead of IPO
By
Binu Mathew
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.
