Meesho to acquire Kirana Club for Rs 202 crore, deepens grocery distribution bet
Meesho will pay Rs 202 crore in cash to take 100% of Singapore-based Kirana Club and full control of Indian arm Retail Pulse Labs. The deal, slated to close by March 31, 2027, plugs a B2B grocery marketplace into Meesho's stack to widen FMCG reach across tier II-IV kiranas.
Meesho will acquire B2B grocery marketplace Kirana Club for Rs 202 crore in cash, taking 100% of the Singapore entity and full control of Indian subsidiary Retail Pulse Labs to deepen its kirana and small-retailer FMCG distribution play across tier II-IV India.