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Exploring the Social Stock Exchange: A New Avenue for NGO Fundraising

Voluntary Health Association of India (VHAI) recently participated in a capacity-building workshop on Social Stock Exchange (SSE) registration and fundraising readiness, held on 13–14 June 2025 in Ranchi, Jharkhand. The workshop was hosted by NEEDS and brought together civil society organizations to understand the evolving landscape of social financing in India.

The Social Stock Exchange is an emerging platform under the purview of SEBI, designed to help social enterprises, both non-profit and for-profit, raise funds from the public in a transparent and accountable manner. For non-profit organizations, SSE offers a structured and credible alternative to traditional fundraising, allowing them to issue Zero Coupon Zero Principal (ZCZP) instruments to garner public support.

One of the key aspects of this platform is the emphasis on transparency, with listed organizations required to publish Annual Impact Reports showcasing the outcomes of their social interventions. This fosters trust among donors and creates opportunities for blended financing combining domestic philanthropy, CSR contributions, and international support to drive social impact across critical sectors like health, education, climate resilience, and financial literacy.

VHAI is committed to staying at the forefront of such innovations that can strengthen the development sector and ensure sustainable, community-driven change.