Meesho acquires Kirana Club for Rs 202 crore in all-cash B2B push
Meesho will buy 100% of Kirana Club Pte Ltd in a Rs 202 crore all-cash deal, folding the B2B retailing platform's 4.1 million registered retailers across Tier 2-4 cities into a wholly-owned subsidiary. The move deepens Meesho's B2B ecommerce reach ahead of its public-market ambitions.
Meesho will acquire B2B retailing platform Kirana Club for about Rs 202 crore in an all-cash deal, expanding its B2B ecommerce operations. Kirana Club, with 4.1 million registered retailers in Tier 2-4 cities, will operate as a wholly-owned subsidiary.
Why this matters
The buyout continues Meesho's B2B expansion, adding Kirana Club's 4.1 million Tier 2-4 retailers as it scales wholesale commerce and prepares for public-market ambitions.
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