Meesho acquires Kirana Club for Rs 202 crore in all-cash deal to scale B2B kirana retail network
Meesho takes 100% control of Kirana Club, tapping its 4.1 million registered retailers to deepen logistics integration and category coverage across underserved Indian markets. Kirana Club's turnover rose from Rs 2.7 crore in FY24 to Rs 15.8 crore in FY26.
What happened
Meesho acquires B2B retail platform Kirana Club for Rs 202 crore all-cash, aiming to expand kirana retailer reach, logistics integration, and category coverage
Key facts
- Rs 202 crore
- Rs 2,02,08,52,202.40
- 100% stake
- 0.41% remaining stake
- 4.1 million registered retailers
- Rs 15.8 crore FY26 turnover
- Rs 4.9 crore FY25
- Rs 2.7 crore FY24
Why this matters
The 100% acquisition structure shows Meesho prioritizing full integration control over Kirana Club's retailer network rather than a minority stake or partnership model.