Key Points
Away from the flurry of IPOs hitting Dalal Street in the last few days of December, star investor Ashish Kacholia and broking firm Zerodha have quietly invested in an NPO which got listed on the Social Stock Exchange this week...
Social Stock Exchange (SSE) is a separate segment in BSE and NSE to help NPOs raise funds for projects that have a positive social impact...
Just like companies file for IPO, NPOs can also file fundraising document with the Social Stock Exchange to seek in-principle approval to list Zero Coupon Zero Principal (ZCZP) Instruments on Social Stock Exchange...
Currently, there are 39 registered NPOs on NSE SSE Platform and amongst these, several NPOs have already initiated their fund-raising process across developmental areas such as education, skilling, agriculture, and poverty alleviation of tribal farmers...
By aligning the dual goals of corporate success and societal impact, SSE creates a space where philanthropists, impact investors, donors, and NPOs converge - each contributing to a shared vision of a more equitable and sustainable future," said Ashishkumar Chauhan, MD & CEO of NSE...
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