New Delhi, June 12 -- Meesho Ltd will acquire kirana-focused business-to-business (B2B) commerce platform Kirana Club for about Rs.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. It involves the purchase of 100% of Singapore-incorporated Kirana Club Pte. Ltd. and an additional 0.41% stake in its Indian subsidiary Retail Pulse Labs Private Ltd. (RPLPL) from existing shareholders.

Meesho's board approved the transaction at a meeting on 12 June. The deal is expected to close on or before 31 M...