Meesho and BSE have signed a memorandum of understanding to help MSMEs selling on the Meesho platform meet the requirements for listing on the BSE SME exchange.
The programme, called Project Shikhar, will provide sellers with structured support across IPO readiness milestones, including compliance, governance, and financial reporting standards required for a public listing.
The MoU was signed by Lopamudra Rao, Head of Corporate Affairs at Meesho, and Sundararaman Ramamurthy, MD & CEO of BSE, at an event in Mumbai on Tuesday.
Shri Sundararaman Ramamurthy, Managing Director & CEO, BSE, said, “At BSE, we pioneered the SME platform to give India’s most dynamic, job-creating businesses a direct route to capital markets. Over the years, the BSE SME platform has enabled hundreds of MSMEs to list, raise growth capital, and strengthen governance standards. This partnership with Meesho extends that ecosystem to digital-first entrepreneurs, helping e-commerce sellers become public companies.”
Lopamudra Rao, Head of Corporate Affairs, Meesho, said, “A significant share of our seller ecosystem comprises entrepreneurial businesses that have scaled rapidly on our platform. Moving from a successful 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.”
BSE launched its SME platform to give small and medium businesses access to capital markets. To date, hundreds of MSMEs have listed on the platform. Project Shikhar aims to extend that to sellers operating on Meesho who have not yet structured themselves for investor or regulatory requirements.
Meesho is India’s largest e-commerce platform by annual transacting users and placed orders. BSE is Asia’s oldest stock exchange and, by number of listed companies, the world’s largest.
