Mumbai, June 13 -- Under the agreement, Meesho will acquire 100% of the share capital of Kirana Club and 0.41% of the share capital of RPLPL from the identified selling shareholders through three tranches.

Kirana Club, incorporated in Singapore, develops proprietary software applications and operates a digital platform catering to grocery retailers. Its subsidiary, Retail Pulse Lab (RPLPL), operates a B2B e-commerce marketplace that connects kirana stores and small retailers with FMCG brands and distributors, primarily across Tier-2, Tier-3, Tier-4 cities and rural India. The platform generates revenue through commissions and advertising services.

For FY26, Kirana Club reported a turnover of SGD 45,808.25, while RPLPL recorded a turnove...