Meesho acquires Kirana Club for Rs 202 crore to scale B2B FMCG distribution

Meesho will buy 100% of B2B retail platform Kirana Club in an all-cash Rs 202 crore deal, folding it in as a wholly-owned subsidiary. The move targets FMCG distribution to 4.1 million small retailers across Tier 2-4 India. Kirana Club posted FY26 turnover of Rs 15.8 crore, up from Rs 4.9 crore in FY25 and Rs 2.7 crore in FY24.

— Filed Wed, 8 Jul, 2026, 06:02 IST · Source Financial Express · BrandWagon · Updated

Meesho will acquire B2B retail platform Kirana Club for about Rs 202 crore in an all-cash deal, aiming to expand FMCG distribution to 4.1 million small retailers across Tier 2-4 India. Kirana Club will operate as a wholly-owned subsidiary.

Why this matters

The Kirana Club buy follows Meesho's Rs 5,421 crore IPO at a Rs 50,096 crore valuation, signaling a push to deepen B2B FMCG reach into Tier 2-4 retailers alongside its public-market debut.

Retail-company signals are accelerating, up 640800% QoQ.