Meesho Partners With BSE To Help MSMEs Launch IPO
New Delhi, June 2 -- E-commerce firm Meesho has announced the launch of Project Shikhar in partnership with stock exchange BSE to enable micro, small and medium enterprises (MSMEs) to transition into publicly listed entities on the SME platform.
The move is aimed at addressing MSMEs' access to growth capital.
The collaboration between Meesho and BSE has been formalised through an MoU.
"At BSE, we pioneered the SME platform to give India's most dynamic, job-creating businesses a direct route to capital markets," said Sundararaman Ramamurthy, Managing Director & CEO, BSE.
Ramamurthy noted that the BSE SME platform over the years has enabled hundreds of MSMEs to list, raise growth capital, and strengthen governance standards.
He further...
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