For-Profit Social Enterprise on Social Stock Exchange: A Legal Explainer

Published 23/02/2024

Authors: The Aspen Network of Development Entrepreneurs (ANDE), Trilegal and Thomson Reuters Foundation

India needs a significant capital injection to achieve the Sustainable Development Goal (SDG) target by 2030 and deal with climate change. Impact investing, catalyzing philanthropic and commercial capital, offers promise in addressing critical social challenges. Initiatives like the Social Stock Exchange (SSE) and regulatory amendments aim to increase and broaden the pooled funds available to social enterprises and help them scale.

Given this context, ANDE South Asia produced this explainer in collaboration with Trilegal and TrustLaw, Thomson Reuters Foundation, to provide focused guidance on how local and foreign impact investors can leverage the SSE to make investments in social enterprises in India.

The Legal Explainer is also available on the ANDE website here

Other languages available English

Related resources:

Impact Investing Simplified: A guide to making and receiving impact investments in India

  • ANDE, Nishith Desai Associates, and Thomson Reuters Foundation.

  • 26/07/2019

This report is a collaboration between ANDE, one of India’s leading law firms Nishith Desai Associates, and Thomson Reuters Foundation. It addresses a gap in the impact investing ecosystem in India, where there are numerous complex structural and legal concepts that require understanding, both for investors and entrepreneurs.


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