Meesho Ltd Approves Acquisition of Kirana Club Pte. Ltd. and Stake in Retail Pulse Labs Private Limited
Meesho Ltd has approved the acquisition of 100% of the share capital of Kirana Club Pte. Ltd. and a minority stake in Retail Pulse Labs Private Limited (RPLPL), solidifying its strategic presence within the e-commerce ecosystem. The transaction, totaling Rs. 2,02,08,52,202.40, was approved by the company’s Board of Directors on Friday, June 12, 2026.The acquisition targets include Kirana Club Pte. Ltd., a company incorporated under the laws of Singapore, and RPLPL, an existing subsidiary of Kirana Club based in India. The entire deal involves a cash consideration structure.Following the successful completion of all tranches, which...