Piyush Jain, Co-Founder and CEO, ImpactGuru.com

In India, social enterprises are playing a very significant role in solving real problems in education, healthcare and financial inclusion – in terms of providing services at an affordable price to the Indian population, especially the rural poor. The Electronic Fundraising Platform announced by Finance Minister Nirmala Sitharaman acknowledges the problem of investment fundraising for such organizations.

Such an initiative especially housed by SEBI is going to ensure that these organizations will get a lot more attention from the Indian Government and various investors. Therefore, VC funds, impact investing funds and HNIs are going to take greater interest in the entire social enterprise ecosystem.

I really applaud the Government and the current Finance Minister for thinking about this. I hope this gets executed soon and social enterprises can thus get greater amount of funding from a wide variety of investors through this Social Stock Exchange.