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India emerges as Asia's leader in socially beneficial markets

Planned Social Stock Exchange to connect impact investors with entrepreneurs

Narayana Multispeciality Hospital in Mysore, India: Narayana has emerged as one of the country's successful social companies. (Photo by Takuya Imai)

TOKYO -- India is fast overtaking countries like Japan and South Korea in creating ways for socially minded entrepreneurs to raise funds from impact investors. The aim is to get more capital to companies that bring social benefits, like education and health care, many of which are thriving.

Indian hospital operator Narayana Health is one of them. While BSE Sensex, the country's benchmark equity index, has dithered with gains of less than 10% since October, Narayana's stock has soared over 50%.

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