{"id":1026521,"date":"2026-08-06T07:38:41","date_gmt":"2026-08-06T02:08:41","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1026521"},"modified":"2026-08-06T07:45:57","modified_gmt":"2026-08-06T02:15:57","slug":"elevation-capital-peak-xv-partners-sell-2-3-stake-in-meesho-for-rs-1949-crore-stock-falls","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/08\/06\/elevation-capital-peak-xv-partners-sell-2-3-stake-in-meesho-for-rs-1949-crore-stock-falls\/","title":{"rendered":"Elevation Capital, Peak XV Partners sell 2.3% stake in Meesho for Rs 1,949 crore; stock falls"},"content":{"rendered":"<p>Private equity firms Elevation Capital and Peak XV Partners have divested a combined 2.3 per cent stake in e-commerce marketplace Meesho for Rs 1,949 crore through open market transactions, according to block deal data on the NSE. <\/p>\n<p>Following the stake sale, Meesho&#8217;s shares fell nearly 1 per cent on Wednesday to trade at Rs 190.50 apiece on the National Stock Exchange (NSE). <\/p>\n<p>Elevation Capital&#8217;s affiliate Elevation Capital V Ltd and Peak XV Partners&#8217; arm Peak XV Partners Investments V, together sold 10.48 crore equity shares, representing nearly a 2.3 per cent equity stake in Bengaluru-based Meesho.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Private equity firms Elevation Capital and Peak XV Partners have divested a combined 2.3 per cent stake in e-commerce marketplace Meesho for Rs 1,949 crore through open market transactions, according to block deal data on the NSE. Following the stake sale, Meesho&#8217;s shares fell nearly 1 per cent on Wednesday to trade at Rs 190.50 apiece on the National Stock Exchange (NSE). Elevation Capital&#8217;s affiliate Elevation Capital V Ltd and Peak XV Partners&#8217; arm Peak XV Partners Investments V, together sold 10.48 crore equity shares, representing nearly a 2.3 per cent equity stake in Bengaluru-based Meesho.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-1026521","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1026521","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1026521"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1026521\/revisions"}],"predecessor-version":[{"id":1026546,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1026521\/revisions\/1026546"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1026521"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1026521"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1026521"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}