Meesho buys Kirana Club for Rs 202 crore to deepen B2B push into Tier 2-4 kirana markets
Meesho will acquire 100% of B2B retail platform Kirana Club in an all-cash Rs 202 crore deal, taking on its 4.1 million registered retailers to expand B2B ecommerce reach among small kirana stores. Kirana Club's turnover has climbed from Rs 2.7 crore in FY24 to a projected Rs 15.8 crore in FY26.
Meesho will acquire B2B retail platform Kirana Club for about Rs 202 crore all-cash, buying 100% of the Singapore entity and its Indian subsidiary to expand B2B ecommerce and reach small kirana retailers in Tier 2-4 markets.
Why this matters
The acquisition follows reports of the Rs 202 crore Kirana Club deal and comes as Meesho's ownership shifts toward domestic funds post-IPO, with JFS posting a 2.6X profit jump.
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