Corporate News

28-Oct-2026, 10:14

Meesho has approved investments totaling up to INR 187.37 crore, including up to INR 150 crore in a newly incorporated wholly-owned subsidiary, Retail Pulse Labs Private Limited (RPLPL), and up to USD 650,000 in Kirana Club Pte. Ltd. The investment in RPLPL aims to build in-house underwriting capabilities and support its overall business operations, while the investment in Kirana Club is intended to support strategic growth and business expansion. The transactions do not constitute related party transactions and do not require governmental or regulatory approvals. Details regarding the number of shares and prices will be intimated in due course.