Meesho Partners With BSE To Help MSMEs And Digital Sellers Prepare For IPOs
New Delhi, June 02: E-commerce platform Meesho has partnered with the Bombay Stock Exchange (BSE) to launch a new initiative aimed at helping micro, small and medium enterprises (MSMEs) and digital-first businesses become publicly listed companies.
The initiative, called Project Shikhar, was launched through a Memorandum of Understanding (MoU) and is designed to support high-performing online sellers in preparing for listing on the BSE SME platform.
Project Shikhar To Help Sellers Access Growth Capital
The initiative aims to bridge the gap between fast-growing digital businesses and access to formal capital markets.
According to Meesho, many businesses operating through e-commerce platforms often face difficulties in accessing traditional funding despite achieving rapid growth. Project Shikhar will provide a structured roadmap for such businesses to transition into investor-ready companies.
The programme will guide eligible sellers through processes such as entity conversion, compliance management and regulatory preparation required for a public listing.
BSE Highlights Importance Of SME Platform
BSE Managing Director and CEO Sundararaman Ramamurthy said the exchange’s SME platform was created to help emerging businesses raise growth capital and improve governance standards.
He stated that the partnership with Meesho would extend these opportunities to digital entrepreneurs and help e-commerce sellers transform into public companies.
The initiative is expected to support businesses that contribute significantly to employment generation and India’s growing formal economy.
Meesho Says Digital Entrepreneurs Need Structured Support
Meesho’s Head of Corporate Affairs, Lopamudra Rao, said many businesses on the platform have scaled rapidly, but preparing for public markets remains a complicated process.
She explained that Project Shikhar aims to remove those challenges by offering structured guidance and helping businesses become more compliant and transparent.
According to the company, the initiative is not only focused on raising public capital but also on creating a stronger pipeline of formal and investor-ready enterprises in India.
Programme To Run Over The Next One Year
Over the next year, Meesho and BSE will identify and onboard eligible sellers for the programme.
Selected businesses will receive support in areas such as governance standards, financial compliance and market readiness to help them eventually list on the BSE SME platform.
The move reflects the increasing push towards formalisation of India’s digital commerce ecosystem and greater participation of small businesses in capital markets.
