Educate Girls makes history as India’s first NGO for girls’ educatio

Mumbai, India May sixteenth, 2024: In a pioneering step in the direction of bridging the gender hole in schoolingin India,EducateGirls, a number one non-profit organisation, introduced its itemizing on theSocialStockExchange(SSE) of the NationalStockExchange(NSE). Marked by abell-ringing ceremony, the occasion distinguishedEducateGirlsas the first organisation devoted toladies‘schoolingto belistedon the SSE.EducateGirlsis among the many first 10 NGOslistedon this modern platform, alongside SGBS Unnati Foundation, Ekalavya Foundation, and Swami Vivekananda Youth Movement, who’ve additionally embraced the SSE to additional their missions.

Preceding the itemizing was the profitable situation ofEducateGirls’ Zero-Coupon Zero-Principal (ZCZP) bonds. These ZCZP bonds aimed to lift funds to mobilise over 7,000 marginalised kids for enrolment, retention, and improve studying outcomes in foundational literacy and numeracy in among the most distant, rural, and educationally backward villages of Bahraich district, in northeastern Uttar Pradesh on the Indo-Nepal border.

Thebell-ringing ceremony witnessed the participation of supporters ofladies’schooling. Notable supporters embody EdelGive Foundation, Zerodha, and A.T.E. Chandra Foundation. The occasion was attended by Dr Harish Ahuja, Head, Sustainability, Products & Strategy Development (Carbon & Power Markets), Investor consciousness/Service, Primary Markets Relationships, National StockExchange(NSE) who congratulatedEducateGirlsand the whole workforce. He appreciated the modern use of expertise and predictive algorithms byEducateGirlsforsocialaffect.

“An inventory on theSocialStockExchangeis a major milestone, not simply forEducateGirls, however for each lady combating for her proper toschooling. With the SSE itemizing, we’re setting a precedent that opens many doorways fortargetedinvestments in the direction of creating gender equality inschooling. We are immensely proud to be on the coronary heart of carving out the trail in the direction of an equitable future,” mentioned Safeena Husain, Founder and Board Member,EducateGirls.

“The SSE initiative is an modern monetary avenue endorsed by the Honourable Finance Minister, geared toward connecting socialenterprises with affect traders. We are excited to be one of many first 10 NGOs to belistedon this initiative, which unlocks new potentialities for nation constructing. The introduction ofEducateGirlsinto this community displays a maturing ecosystem that valuessocialreturns on funding, setting a benchmark for future listings,” mentioned Maharshi Vaishnav, CEO ofEducateGirls.

AsEducateGirlscontinues to champion the reason for accessibleschoolingfor allladies, this itemizing on the SSE is a name to motion for traders and policymakers to viewschoolingby a lens of sustainability andsocialaffect. The success of this initiative is a testomony to what might be achieved when innovation is harnessed to serve humanity’s most urgent wants.