Hyd based ‘Grace Cancer Foundation’ rings NSE Bell

Metro India News | Hyderabad

Hyderabad-based Grace Cancer Foundation marked a milestone in social impact financing with a bell-ringing ceremony at the National Stock Exchange (NSE) headquarters in Mumbai on Thursday, celebrating its Rs 1-crore fundraising through the NSE Social Stock Exchange (SSE).

Founded in 2013 by surgical oncologist Dr. Chinnababu Sunkavalli, the charitable trust raised funds through a Zero Coupon Zero Principal (ZCZP) issue that was oversubscribed. NSE Senior Advisor Shailesh Pathak and EQUIPPP representatives, including Lakshmi Narayana and Sai Kiran, attended the event. EQUIPPP served as the issue advisor.

The funds will support rural cancer screening and early detection programs, targeting 10,000 people from underserved communities in North Telangana. The Foundation also pledged to work with EQUIPPP’s Constituency Development Framework through pilot projects in Kodangal and Manthani.

Pathak said the model could be expanded across Telangana’s 119 Assembly constituencies. Unlike conventional investments, ZCZP instruments carry neither interest nor repayment of principal. The Foundations future plans include a Centre of Excellence for Preventive Oncology, AI-enabled mobile screening units, digital health platforms for rural communities and research collaborations.