Meesho buys 92.74% of Kirana Club, Retail Pulse Labs ₹186.71cr
Meesho just picked up a 92.74% stake in Kirana Club and Retail Pulse Labs (RPLPL) for ₹186.71 crore, aiming to boost its tech and operations game in e-commerce.
With this move, Kirana Club will now be a direct part of Meesho, while RPLPL becomes a step-down subsidiary.
Kirana Club and RPLPL aid grocers
Kirana Club and RPLPL help grocery stores, especially in smaller towns, with software tools and by connecting them to FMCG distributors.
Even though RPLPL posted a net loss of ₹1.60 crore in the financial year ended March 31, 2026, its revenue grew to ₹16.04 crore.
For Meesho, this fits into its bigger plan: it has already cut net losses by 68% year over year thanks to better ads and logistics, so this deal is another step toward strengthening its spot in the online retail world.