National Stock Exchange of India and WE HUB Foundation, Government of Telangana sign MOU to promote Financial Literacy, Empower Women Entrepreneurs, Facilitate MSME Fundraising and Implement Student Skilling Program across the state of Telangana

Bengaluru, May 28, 2025: India’s leading stock exchange, the National Stock Exchange (NSE) and the WE HUB Foundation, Women Entrepreneurs HUB Foundation, an initiative of the Government of Telangana signed a Memorandum of Understanding (MoU) to promote Financial Literacy through Investor Awareness Programs (IAPs), spread awareness amongst Women-led Micro, Small and Medium Enterprises (MSME) for fund raising via IPO mechanism using NSE Emerge Platform – EMERGE  and to implement the Student Skilling Program in the BFSI Sector across the state of Telangana, to empower women and women-led enterprises.

This MOU was exchanged, in the presence of Hon’ble Chief Minister of Telangana Shri Revanth Reddy and Shri D. Shridhar Babu, Shri Danasari Anasuya Seethakka, Hon’ble Minister for Rural Development & Pachayati Raj, Hon’ble ITE&C, I&C and Legislative Affairs, Govt. of Telangana, between Shri Sriram Krishnan, Chief Business Development Officer, NSE and Ms. Sita Pallacholla (CEO, WE HUB Foundation) today at Hyderabad. As part of the understanding, NSE in collaboration with WE HUB Foundation, a Section 8 non-profit company under the Government of Telangana, shall conduct awareness drive through seminars, camps, knowledge sessions, road shows, workshops to spread financial literacy and investor awareness. We also aim to guide women-led MSME for fund raising on the NSE Emerge platform and handhold companies in the listing process. This MoU also aims to empower the women with industry-relevant skills and enhance their employability in the BFSI sector.

Telangana has an evolving financial framework and it is imperative to empower women students, investors and corporates. This collaboration acknowledges the diverse layers of the financial landscape and aims to engage a wide range of stakeholders. WE HUB Foundation, India’s first state-led nodal agency for promoting women entrepreneurship, plays a key role by incubating, mentoring, and building a global support network for women-led enterprises across both rural and urban areas.

This multifaceted MoU is a significant step toward advancing financial literacy, strengthening investor awareness and empowering both existing and aspiring investors. It also focuses on equipping women with essential skills through NSE’s Student Skilling Program—an initiative aligned with the central government’s vision of unlocking human capital and enabling both employability and self-employment in the BFSI sector. A vital component of this MoU is the support extended to MSMEs, helping them scale and access capital markets through platforms like NSE Emerge, thereby expanding their growth and investment potential.

Shri Sanjay Kumar, IAS, Special Chief Secretary, Dept. ITE&C and I&C, Government of Telangana and Ms. Sita Pallacholla, CEO, WE Hub, Government of Telangana jointly said: “We are pleased to collaborate with the National Stock Exchange of India on this important initiative. Empowering women entrepreneurs, enhancing financial literacy and creating meaningful skilling opportunities for women are vital steps toward building a more inclusive and resilient economy. This partnership not only supports MSMEs and investors but also aligns with our broader vision of enabling women’s success across Telangana and driving sustainable economic growth”.

Shri Sriram Krishnan, Chief Business Development Officer, NSE said: “Our unwavering commitment to advancing financial literacy, empowering investors, skilling students and raising awareness among MSMEs is at the heart of this initiative. Our collaboration with WE HUB Foundation and Government of Telangana marks a significant step in extending this vision. Through initiatives such as investor awareness programs, guidance on fundraising via the NSE Emerge platform and the Student Skilling Program, we are working to build a well-informed ecosystem for corporates and investors while preparing the youth with the essential skills to thrive in today’s evolving financial landscape”.

From April 2024 to March 2025, NSE conducted 14,679 Investor Awareness Programs across all 36 states & Union Territories in 14 languages, reaching more than 8 lakh participants. Under the Student Skilling Program more than 7500 students have been trained across various states. Also, 615 companies from various sectors are listed on NSE Emerge platform and have collectively raised over INR 17,083 Cr. The total market capitalization of these companies is approximately INR 1,80,000 Cr.