Meesho and Bombay Stock Exchange (BSE) launch Project Shikhar for MSME IPO readiness

Key facts

• E-commerce platform Meesho has partnered with the Bombay Stock Exchange (BSE) to launch an initiative named 'Project Shikhar'.
• The initiative was formalised through a Memorandum of Understanding (MoU) to facilitate the listing of high-performing independent e-commerce sellers on the BSE SME platform.
• Project Shikhar aims to help Micro, Small and Medium Enterprises (MSMEs) and digital businesses transition into publicly-listed companies to access growth capital.
• Over the next year, the programme will screen and onboard eligible sellers, guiding them through entity conversion, compliance tracking, and regulatory positioning.
• The partnership intends to bridge the gap for India's retail commerce operating in informal or unorganised sectors by creating a roadmap to public listing.