E-commerce platform Meesho has partnered with the Bombay Inventory Alternate (BSE) to assist micro, small and medium enterprises (MSMEs) and digital companies transition into publicly listed firms.

The initiative, referred to as Undertaking Shikhar, was formalised via a Memorandum of Understanding (MoU) and goals to help high-performing unbiased sellers on Meesho in itemizing on the BSE SME platform.

The programme is designed to deal with the funding challenges confronted by many small companies, notably these working in India’s casual and unorganised retail sectors, which frequently battle to entry conventional sources of development capital.

Underneath Undertaking Shikhar, eligible sellers can be recognized and onboarded over the subsequent 12 months. They are going to obtain help with entity conversion, compliance necessities and regulatory preparation wanted for a public itemizing.

Sundararaman Ramamurthy, Managing Director and CEO of BSE, mentioned the alternate had created its SME platform to offer rising companies with direct entry to capital markets.

“Through the years, the BSE SME platform has enabled a whole lot of MSMEs to listing, elevate development capital and strengthen governance requirements. This partnership with Meesho extends that ecosystem to digital-first entrepreneurs, serving to e-commerce sellers turn into public firms,” he mentioned.

Meesho mentioned the initiative would offer a structured, step-by-step pathway for companies looking for to enter public markets.

Lopamudra Rao, Head of Company Affairs at Meesho, mentioned many companies on the platform had expanded quickly however confronted difficulties in changing into investor-ready organisations.

“Undertaking Shikhar removes that friction. By way of this partnership with BSE, we’re not simply serving to sellers elevate public capital; we’re constructing a pipeline of compliant, clear companies that may gasoline India’s formal economic system,” Rao mentioned.

The partnership seeks to create a brand new route for digitally native companies to entry public capital whereas encouraging stronger governance and higher formalisation inside India’s rising e-commerce sector.