Meesho Limited has joined hands with BSE to create a pathway for digital-first businesses and MSMEs seeking access to public capital markets, as per news reports.
The partnership, launched under Project Shikhar, aims to support eligible sellers in their journey towards becoming publicly listed companies.
The initiative has been formalised through a Memorandum of Understanding between the 2 organisations.
Under Project Shikhar, high-performing independent sellers operating on digital commerce platforms will receive structured support to prepare for listing on the BSE SME platform.
The programme is intended to address a common challenge faced by growing businesses, of access to expansion capital.
By connecting eligible enterprises with capital market opportunities, the initiative seeks to create an alternative growth avenue beyond traditional funding sources.
Over the next year, the programme will identify and onboard qualifying businesses before guiding them through the various stages required for a public listing.
Support will include assistance with entity conversion, compliance monitoring, business preparedness and positioning for participation in the public market.
The objective is to provide sellers with a clear roadmap from privately operated enterprises to investor-ready companies.
A significant portion of India's retail trade continues to operate within informal and unorganised segments, where access to growth capital can often be limited.
Project Shikhar has been designed to help bridge this gap by offering a more structured route towards capital market participation.
Commenting on the initiative, Sundararaman Ramamurthy, Managing Director and CEO of BSE, said, "Over the years, the BSE SME platform has enabled hundreds of MSMEs to list, raise growth capital and strengthen governance standards."
Ramamurthy added, "This partnership with Meesho extends that ecosystem to digital-first entrepreneurs, helping e-commerce sellers become public companies."
He also noted that BSE pioneered the SME platform to provide dynamic and employment-generating businesses with direct access to capital markets.
According to Lopamudra Rao, Head of Corporate Affairs at Meesho, a large share of the platform's seller community consists of entrepreneurial businesses that have achieved rapid growth but often face challenges in becoming investor-ready organisations.
"Project Shikhar removes that friction," Rao said.
She added, "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."
Read More: Zomato, Amazon, Swiggy, Meesho and Zepto Join Hands To Launch Digital Commerce Coalition; Flipkart Missing!
As of 03 June 2026, at 10:07 AM, Meesho Limited share price is trading at ₹177.49 per share, reflecting a surge of 0.056% from the previous closing price.
As of 03 June 2026, at 10:07 AM, BSE Limited share price is trading at ₹3,893.10 per share, reflecting a decline of 0.99% from the previous closing price.
Project Shikhar aims to create a structured pathway for MSMEs and digital businesses seeking access to public markets. Through the collaboration between Meesho and BSE, eligible sellers will receive support in preparing for listing, governance requirements and long-term business growth.
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Published on: Jun 3, 2026, 10:35 AM IST
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