SoftBank Offloads 1.65% Stake In Meesho For ₹1,885 Crore, Further Reducing India Portfolio Exposure

Japanese investment holding company SoftBank Group has sold a 1.65% stake in Meesho for ₹1,885.17 crore. The transaction marks another reduction in the company's investments in India. The shares were purchased by several domestic and foreign institutional investors.

According to block deal data from the National Stock Exchange (NSE), SoftBank's affiliate, SVF II Meerkat (DE) LLC, sold 7.64 crore shares in the Bengaluru-based e-commerce company on 13 November 2026.

How Much Stake Does SoftBank Hold In Meesho After The Sale?

SoftBank sold the shares at an average price of ₹246.75 each. The transaction brought its affiliate's stake in Meesho down from 6.84% to 5.19%.

Meanwhile, Meesho shares gained 1.53% during Friday's trading session. The stock closed at ₹257.99 on the NSE on 13 November.

Which Institutional Investors Purchased Meesho Shares?

French financial services company Societe Generale (SocGen) emerged as the largest buyer in the block deal. It acquired more than 1.47 crore Meesho shares, representing a 0.32% stake, for ₹364.65 crore.

Several Indian mutual fund houses also participated in the transaction. Bajaj Life Insurance was another domestic investor.

Foreign buyers included Morgan Stanley, Fidelity Investments, BNP Paribas, Goldman Sachs, Ghisallo Capital Management and William Blair Investment Management. The Texas Municipal Retirement System also acquired shares.

Other participants included the Government of Singapore, the Monetary Authority of Singapore and Norway's sovereign wealth fund, Government Pension Fund Global.

What Other Indian Investments Has SoftBank Reduced In 2026?

SoftBank has undertaken several stake sales in Indian companies during 2026, particularly in the e-commerce and consumer technology sectors.

Earlier in November 2026, the company sold a 1.56% stake in eyewear retailer Lenskart Solutions for ₹1,896 crore. It had also sold 1.7% of Meesho for ₹1,650 crore in September 2026.

SoftBank reduced its holding in Lenskart through two other transactions. It sold nearly 2.6% for ₹2,888 crore in August 2026 and another 3.25% for ₹2,873 crore in June 2026.

In January 2026, the Japanese investor had also sold a 2.15% stake in electric two-wheeler manufacturer Ola Electric Mobility. The latest Meesho transaction continues SoftBank's series of stake reductions across its Indian investment portfolio.

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