Meesho, BSE Launch Project Shikhar to Take Online MSME Sellers Public
Meesho and BSE inked an MoU under Project Shikhar to identify high-performing online sellers, guide them through compliance and entity conversion, and prep them for BSE SME listings — a pipeline play formalising digital MSMEs into public markets ahead of Meesho's own IPO push.
What happened
Meesho and BSE signed an MoU for Project Shikhar to identify high-performing online sellers and guide them through compliance and entity conversion to list on
Key facts
- 88% YoY loss decline
- ₹166.3 crore net loss
- ₹3,531 crore revenue
- 47% revenue growth
Why this matters
Project Shikhar establishes Meesho as the de facto on-ramp for digital MSMEs into public markets, a strategic perch that could attract partnership interest from banks, fintechs, and compliance SaaS players targeting the same cohort.