back Back

NSE and Government of Uttarakhand team to strengthen SMEs in the state

By Gloria Mathias

November 08, 2023

  • Digital Financial Literacy Program
  • Emerge Platform
  • Financial inclusion india

NSE, National Stock Exchange, India, GOI, Govt of India, Government of Uttarakhand, NSE Emerge, SMEs Platform, SME Funding, India Expansion, Fintech news, Emerge Platform, The National Stock Exchange (NSE) and the Government of Uttarakhand have signed an MoU to spread awareness amongst MSMEs in the state for fundraising via the IPO mechanism using the NSE SME Platform Emerge.

As part of the understanding, NSE, with the support of the Government of Uttarakhand, will conduct awareness drive-through seminars, MSME camps, knowledge sessions, road shows, and workshops to guide corporates across the state for fundraising on the NSE Emerge platform and handhold the companies in the listing process.

In addition to the customary bell-ringing ceremony, a meeting was held among the Uttarakhand government and NSE officials in the presence of Chief Minister Shri Pushkar Singh Dhami and Shri Ashishkumar Chauhan, Managing Director and CEO of NSE.

During the meeting, various issues, including the launch of sustainability-linked bonds and green bonds, outcome funding on the Social Stock Exchange (SSE), generating employment opportunities for rural and urban youth, and opportunities in the sector of Power Trading and investor awareness sessions across the state, were discussed.

Chief Minister Shri Pushkar Singh Dhami, Government of Uttarakhand said, “I congratulate the Directorate of Industries (MSME) of the Government of Uttarakhand for signing a MoU with the National Stock Exchange to encourage and support the MSMEs of our state and enabling them to pursue the capital market for growth opportunities. As a part of the MOU, we shall jointly conduct awareness sessions for the MSMEs to help them understand the process of fundraising, the benefits of listing on the stock exchange, and providing financial literacy programs for youth of the state. We envision the launch of Sustainability Linked Bond / Green Bond for infrastructure projects.”

Ashishkumar Chauhan, MD & CEO, NSE said, “NSE Emerge enables SMEs to raise capital in an efficient manner, increase their visibility through the listing on the stock exchange in collaboration with the government, and provide a walk-through of the fund-raising process. We look forward to a long-term association with the Government of Uttarakhand for exploring new opportunities under financial market development activity.”

Previous Article

November 08, 2023

Volante Technologies raises $66m led by Sixth Street Growth

Read More
Next Article

November 08, 2023

IndusInd Bank & NPCI roll out Platinum RuPay Credit Card with UPI

Read More

IBSi Daily News Analysis

Data privacy

July 16, 2024

Digital Financial Literacy Program

Rise in sophisticated attacks, state-level threats, and increased ransom DDoS Incidents

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News


Systems Limited & Formpipe team to drive digitalisation for MEA banks

Read More


Auxilo Finserve raises $30m in equity round from LeapFrog Investments

Read More


Jamaica’s First Global Bank partners with Profile Software

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q2 2024
Know More
NextGen WealthTech: The Trends To Shape The Future Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
Get your copy now! IBSi Sales League Table 2024