AcquisitionCommerce & Consumer Brands
Meesho closes Kirana Club and Retail Pulse buyout
By Abha Lohia · Editor ·
Meesho: revenue and funding and every story →
BengaluruFounded 2015
- Meesho runs a listed online marketplace that connects small sellers with shoppers across smaller Indian towns
- It has finished the first two payment stages of buying 92.74% of Kirana Club and its Indian arm Retail Pulse Labs for about ₹186.71 crore in cash
- Both firms offer software and community tools to neighbourhood grocers, and the deal was first announced to exchanges in June 2026
What happened
- Meesho has completed the first two tranches (payment stages) of its acquisition of a 92.74% stake.
- The targets are Singapore-based Kirana Club and its Indian unit Retail Pulse Labs.
- Total cash paid to selling shareholders is about ₹186.71 crore.
- Kirana Club becomes a direct subsidiary; Retail Pulse Labs becomes a step-down subsidiary.
Why it matters
- Strengthens Meesho's B2B reach among grocery retailers.
- Adds software and community tools for small shops.
- Both targets are growing sales but still make losses.
The business
- Meesho is a listed e-commerce platform for small sellers and value shoppers.
The founders
Words to know
- Tranche
- One instalment of a deal that is paid or completed in stages.
The numbers around it
Commerce & Consumer Brands in November 2026: 7 rounds with a disclosed amount, $119 million in all; the biggest was GIVA ($100M+). Every sector this year →
Terms in this story
- Marketplace: A marketplace is a platform that connects buyers and sellers and earns a commission or fee on each transaction, without owning the goods or services. Its value rises as both sides join. The numbers to read are gross merchandise value (GMV), take rate, which is the share of GMV the platform keeps, and repeat usage.
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