Explore the latest news, in-depth reports, and executive analysis tagged with #Secondary Sale.
RPS Ventures, founded by former SoftBank Vision Fund managing partner Kabir Misra, held a 1.12% stake in Meesho as of June 2026.
The IPO will open on September 24 and close on September 28, while the anchor investor round is scheduled for September 23.
Earlier this year, other lending companies such as Kissht and Aye Finance also cut their IPO size, as valuation concerns grew.
The latest sale marks Ribbit Capital’s second major share sale in Groww this year.
The transaction marks Y Combinator’s second significant share sale in Groww this year after the six-month lock-in period for investors ended following the startup's listing late last year.
Paytm clarified that it is not involved in the proposed transaction and the founder’s direct shareholding in Paytm will remain unchanged following the block deal.
The IPO preparations come as InsuranceDekho continues to work on its merger with insurance distribution platform RenewBuy.
The Pune-headquartered company aims to raise Rs 750 crore through a fresh issue of shares.
The company has fixed the price band at Rs 144-152 per share for the issue.
Goldman Sachs Bank Europe SE purchased the entire stake in the transaction.
Several institutional investors picked up the shares, including Goldman Sachs, Morgan Stanley, Societe Generale, Kotak Securities, Tata Mutual Fund and BNP Paribas.
The buyers in the transaction included SBI Mutual Fund and Nippon India Mutual Fund.
This is the second major monetisation by Madison India Capital from its decade-old investment in Pine Labs.
![Cashfree in acquisition talks with Pine Labs, Paytm [Exclusive]](/upload/theheadandtale.com/2026/05/1779707445_46c9125b8c_cashfree.jpg)
Cashfree, which had attracted fresh venture funding early last year, has been on the block for the last three to four months.
CEO Lalit Keshre sold shares worth Rs 18.6 crore, while Harsh Jain, Neeraj Singh, and Ishan Bansal also sold part of their holdings.
The partial exit was facilitated through a secondary sale to the company's existing investors.
Kissht has cut the fresh issue component from Rs 1,000 crore to Rs 850 crore, while OFS portion has also been reduced from 8.8 million shares to 4.4 million shares.
In his new role, Verma will focus on driving merchant adoption, strengthening distribution, and scaling the company’s offline payments ecosystem.
![The untold story behind Pine Labs' multi-year OMC contracts [Exclusive]](/upload/theheadandtale.com/2026/03/1772442637_95355ba037_pinelabs_lead.jpg)
The IOCL, BPCL and HPCL deals reflect a quiet realignment in PSU fuel payment mandates.
BillDesk is one of the few major payment aggregators in the country with no offline play.
