The National Stock Exchange (NSE) has unveiled the first five Non-Profit Organizations (NPOs) listed on its cutting-edge Social Stock Exchange (SSE) platform. Swami Vivekananda Youth Movement (SVYM), Transform Rural India, Mukti, Ekalavya Foundation, and SGBS Unnati Foundation have embraced technology to drive social change, marking a significant leap forward in impact-driven finance.
The SSE platform, powered by advanced technology solutions, streamlines the process of fundraising and investment, ensuring transparency and efficiency every step of the way. The ringing of the bell at the NSE headquarters in Mumbai signifies not only the listing of organizations but also the dawn of a new era in social finance.
With approximately INR 8 Crore mobilized through these inaugural listings, the SSE platform demonstrates the transformative potential of technology in mobilizing resources for social good. Esteemed guests, including SEBI Chairperson Smt. Madhabi Puri Buch and industry leaders, lauded the SSE’s integration of technology and finance, emphasizing its role in driving inclusive growth and empowerment.Notable among the attendees was the presence of Smt. Nirmala Sitharaman, Hon’ble Minister of Finance and Corporate Affairs, Government of India, who commended the NSE’s initiative in fostering impactful finance mechanisms for social welfare.
