Meesho Makes a ₹202-crore bet on India’s kirana ecosystem

Meesho Ltd will acquire kirana-focused business-to-business (B2B) commerce platform Kirana Club for about ₹202 crore, according to a stock exchange filing on Friday. The e-commerce company has been looking to expand beyond consumer shopping and strengthen its presence among millions of small retailers across India.

The acquisition, which could be Meesho’s first ever, will be completed in three tranches.