Meesho's Rs 202 crore Kirana Club acquisition resurfaces, deepening B2B retail reach
Resurfacing a June 2026 move, Meesho bought Kirana Club in a Rs 202.09 crore all-cash transaction, adding a platform with more than 4.1 million registered retailers. Kirana Club operates independently as a wholly owned subsidiary, strengthening Meesho's FMCG sourcing, supplier access and rural retailer acquisition.
Meesho will acquire Kirana Club for Rs 202.09 crore in cash, expanding its B2B ecommerce reach among kiranas. The platform, with over 4.1 million registered retailers, strengthens Meesho’s FMCG discovery, supplier access, logistics integration and Tier 2–4 and rural retailer acquisition.
Why this matters
The Kirana Club acquisition broadens Meesho’s retail footprint as Elevation Capital is likely to sell a ₹1,200 crore stake and Motilal Oswal has initiated Buy coverage with a ₹240 target, citing marketplace growth.
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