Meesho faces investor protest over anchor allotment to SBI Funds
Meesho's anchor book faced investor withdrawals after a significant allocation to SBI Funds Management, prompting other large funds to exit in protest, reports stated. Despite this, IPO lineup includes global investors like GIC and BlackRock. Among those who withdrew were Capital Group, Aberdeen Group, ICICI Prudential Asset Management, Nippon India Life Asset Management, and others.