Unnati Foundation's UNXT Program Listed on NSE's Social Stock Exchange The UNXT program is a 200-hour, 30-day course designed to teach practical skills such as effective communication, workplace readiness, professional etiquette, core values, and essential life skills.

By Entrepreneur Staff

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Bengaluru-based SGBS Unnati Foundation (SUF), a non-profit organisation providing vocational training to underprivileged youth, has listed its flagship UNXT Program on the National Stock Exchange's (NSE) Social Stock Exchange (SSE).

The UNXT program is a 200-hour, 30-day course designed to teach practical skills such as effective communication, workplace readiness, professional etiquette, core values, and essential life skills. Delivered both offline and through blended learning, the program is offered at no cost to students.

So far, Unnati Foundation claims to have trained over 4 lakh young people across the country in collaboration with more than 2,000 colleges. The program is conducted on government college campuses across 14 states.

Funded by corporate CSR initiatives, UNXT aims to equip participants with confidence, self-belief, and employability skills within just one month. Delivered at an exceptionally low cost of approximately INR 1,450 per student, the initiative has achieved over 60% success in job placements and higher education opportunities, particularly benefiting rural regions and economically weaker communities.

Through its SSE listing, Unnati Foundation plans to raise INR 50 lakh to provide free training to 2,867 final-year students in government colleges across India. The funds will be raised through the issuance of 50,00,000 Zero Coupon Zero Principal (ZCZP) instruments of INR 1 each, a structure mandated for non-profits on the Social Stock Exchange.

This is Unnati Foundation's third listing on the SSE, highlighting the organisation's commitment to transparency, accountability, and measurable social impact.

The Social Stock Exchange on NSE provides a platform for social enterprises, both non-profit and for-profit, to access funding for socially impactful projects. It aims to bridge the funding gap for social initiatives while addressing transparency and credibility challenges in the NGO sector, which often cause donor mistrust.

Ramesh Swamy, Director of Unnati Foundation, said, "Becoming the first NGO in the country to list a project on the Social Stock Exchange for the third time showcases our continued commitment to credibility, measurable outcomes, transparency and impact. Every contribution to our listing is translated into measurable outcomes."

"We ensure that final-year students in government colleges, regardless of their circumstances, have access to structured vocational training programs that can alter the course of their careers and their lives. Our vision is to see every young individual in India thrive in the workforce and stand tall in society," he added.

Unnati Foundation is India's first NGO to be listed on both the NSE and BSE Social Stock Exchange. The listing ensures full transparency and rigorous audits, setting a benchmark for trust and credibility in the non-profit sector.

Entrepreneur Staff

Entrepreneur Staff

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