Meesho Limited disclosed an additional ₹3.06 crore investment in its subsidiary Meesho Payments Private Limited (MPPL) via a rights issue.
The investment was made by subscribing to 30.58 lakh equity shares at ₹1 each, maintaining Meesho's 99.99% stake in MPPL.
MPPL, a lending service provider, reported a FY26 turnover of ₹11.05 crore and a net loss of ₹24.72 crore.
The funds are intended to support MPPL's business operations, growth, and capability enhancement.