RPS Ventures exits Meesho with ₹900 Cr stake sale
RPS Ventures sold 3.9 crore shares of ecommerce firm Meesho on the BSE, realizing ₹899.7 crore. The transaction marks a full or partial exit for the investor, though Meesho’s valuation post-sale was not disclosed.
Sources: inc42.com
“This exit signals growing investor liquidity in India’s ecommerce sector, even as secondary market activity remains less common than in mature startup ecosystems.”
What it means
Secondary sales like this are rare for Indian startups, where exits typically come via acquisitions or IPOs. The move could reflect RPS Ventures’ portfolio rebalancing or a bet on Meesho’s near-term performance. Whether this triggers similar transactions depends on investor appetite and Meesho’s growth trajectory, which has faced profitability challenges.
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