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SGBS Unnati Foundation, a Bengaluru-based not-for-profit organisation (NPO), became the first such entity to be listed on India’s social stock exchanges (SSE) just a year after the authorities allowed for such listings in order to promote a transparent and credible way for NPOs to raise funds
NOV DEC 2023 Welcome to the latest issue of ALB India magazine, where we turn our spotlight onto the dynamic realm of intellectual property (IP). In this
Smallcap czar Ashish Kacholia, known for his multibagger picks, invested Rs 30 lakh while Zerodha generously invested Rs 1 crore. Other two investors are NABARD and HNI Govind Vaidiram Iyer.
Social stock exchange (SSE) saw its first listing on Wednesday, with SGBS Unnati Foundation becoming the first entity to take this route to avail financing. The foundation - engaged in vocational training of youth - raised Rs 1.8 crore from four investors. These include brokerage firm Zerodha and National Bank for Agriculture and Rural Development (Nabard).
On December 13, SGBS Unnati Foundation became the first NGO to list on India's social stock exchange