E-commerce platform Meesho has partnered with the Bombay Stock Exchange (BSE) to help micro, small and medium enterprises (MSMEs) and digital businesses transition into publicly listed companies.
The initiative, called Project Shikhar, was formalised through a Memorandum of Understanding (MoU) and aims to support high-performing independent sellers on Meesho in listing on the BSE SME platform.
The programme is designed to address the funding challenges faced by many small businesses, particularly those operating in India's informal and unorganised retail sectors, which often struggle to access traditional sources of growth capital.
Under Project Shikhar, eligible sellers will be identified and onboarded over the next year. They will receive support with entity conversion, compliance requirements and regulatory preparation needed for a public listing.
Sundararaman Ramamurthy, Managing Director and CEO of BSE, said the exchange had created its SME platform to provide growing businesses with direct access 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," he said.
Meesho said the initiative would provide a structured, step-by-step pathway for businesses seeking to enter public markets.
Lopamudra Rao, Head of Corporate Affairs at Meesho, said many businesses on the platform had expanded rapidly but faced difficulties in becoming investor-ready organisations.
"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," Rao said.
The partnership seeks to create a new route for digitally native businesses to access public capital while encouraging stronger governance and greater formalisation within India's growing e-commerce sector.