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Tycoons turn saviours: Impact investment to touch $8 bn by 2025 in India

investment, mutual fund, debenture, money, growth, incomeHaving spent enough time financing big-ticket corporate deals, Indian entrepreneurs are now driving a different agenda — combining profits with philanthropy through ‘impact investment’. According to the latest McKinsey report, the Indian impact investment space has seen $4.1 billion worth of investments in the past six years, a period during which the market attracted more than 50 active impact funds. According to the report, impact investment in India could grow to $8 billion a year by 2025. The global market for impact investments is projected to grow to $300 billion or more by 2020, according to the Global Steering Group on Impact Investment.  What is impact investment?impact investmentGraph

Source: Business Standard