Y Combinator Offloads Meesho Shares Worth ₹970 Cr

•Y Combinator sold 4.9 Cr Meesho shares at ₹200.01 apiece, a 2.5% discount.

•The sale generated ₹970 Cr, with Nippon India Mutual Fund buying 2 Cr shares.

•Meesho reported a 54.1% YoY reduction in net loss to ₹132.8 Cr in Q1 FY27.

•The company's topline grew to ₹3,707 Cr, with a 34% YoY increase in net merchandise value.