Friends Union for Energising Lives (FUEL), a not-for-profit organisation working in education and skills development, has been listed on the National Stock Exchange of India Social Stock Exchange (SSE).
The listing enables FUEL to expand its programmes in government schools and rural communities, focusing on STEM education, future-ready skills such as artificial intelligence and data science, soft skills training, entrepreneurship and workforce integration.
FUEL said the listing supports its goal of widening access to education, training and career opportunities for first-generation learners and students from economically disadvantaged backgrounds.
Industry–academia co-working model
FUEL is developing a co-working ecosystem where industry and academia collaborate under a single framework. As part of plans to establish a SkillTech and Entrepreneurship University, companies will adopt and mentor schools within the university ecosystem.
Five schools are being developed under this model with participation from industry partners. The School of Science has been adopted by Yusuf Hamied, Chairman of Cipla.
Under the model, industry partners will contribute to curriculum development, mentorship, innovation labs, internships and employment pathways.
Ketan Deshpande, Founder and Chairman of FUEL, said the organisation has trained more than 2.9 lakh young people in future-ready skills and awarded over 2,900 scholarships.
He said the SSE listing strengthens transparency, governance and measurable impact, and enables individuals, companies and institutions to support education funding through structured channels.
Funds raised through the Social Stock Exchange will support scholarships, digital and life skills training, workforce integration programmes and entrepreneurship guidance for students and young adults from economically disadvantaged backgrounds.
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