Meesho Partners With BSE To Help MSMEs Launch IPO

New Delhi, Jun 2 (KNN) E-commerce firm Meesho has announced the launch of Project Shikhar in partnership with stock exchange BSE to enable micro, small and medium enterprises (MSMEs) to transition into publicly listed entities on the SME platform.

The move is aimed at addressing MSMEs' access to growth capital.

The collaboration between Meesho and BSE has been formalised through an MoU.

"At BSE, we pioneered the SME platform to give India’s most dynamic, job-creating businesses a direct route to capital markets," said Sundararaman Ramamurthy, Managing Director & CEO, BSE.

Ramamurthy noted that the BSE SME platform over the years has enabled hundreds of MSMEs to list, raise growth capital, and strengthen governance standards.

He further said that the partnership with Meesho extends the present ecosystem to digital-first entrepreneurs, helping e-commerce sellers become public companies.

Commenting on the development, Lopamudra Rao, Head of Corporate Affairs, Meesho said that moving from an e-commerce brand to an investor-ready entity is complex, and Project Shikhar removes that friction.

"Through this partnership with BSE, we are not just helping sellers raise public capital; we are building a pipeline of compliant, transparent businesses that will fuel India's formal economy," added Rao.

(KNN Bureau)