Meesho Completes ₹186.71 Crore Acquisition Of Kirana Club To Strengthen B2B Retail Presence
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E-commerce major Meesho has completed the acquisition of a 92.74% stake in Kirana Club Pte. Ltd. and Retail Pulse Labs Private Limited for ₹186.71 crore. Following the transaction, Kirana Club has become a subsidiary of Meesho, while Retail Pulse Labs has become a step-down subsidiary.
The acquisition strengthens Meesho’s presence in the B2B retail ecosystem, connecting FMCG brands and distributors with kirana stores, particularly across Tier 2–4 cities and rural India. Retail Pulse Labs operates a B2B marketplace for small retailers, while Kirana Club provides a technology platform and community network for grocery retailers.
#Ecommerce #B2BRetail #RetailTech #Startup77
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