Routes 2 Roots (R2R) Makes History: India's First Art and Culture NGO Listed on Social Stock Exchange
Routes 2 Roots (R2R) makes history as India's first cultural NGO listed on the Social Stock Exchange, aiding cultural education and disaster recovery.
CULTURE | EDUCATION
04 April 2024
Routes 2 Roots (R2R), a Delhi-based non-profit NGO dedicated to promoting art, culture, and heritage, has made history by becoming India's first non-profit NGO focused on art and culture to be listed on the Social Stock Exchange (SSE).
SEBI launched SSE in 2023 to list social enterprises and volunteer organizations seeking to achieve a social welfare goal, allowing them to raise capital as equity, debt, or units similar to a mutual fund.
The monies earned from the Routes 2 Roots (R2R) listing will support cultural education and disaster recovery projects in Himachal Pradesh and Uttarakhand, benefiting a large number of students by offering them high-quality educational materials.
Data Source: socialnews
