RETROSPECTS AND PROSPECTS OF IMPACT INVESTING IN INDIA

Abstract

Impact Investing if taken an opportunity it can create wealth while creating a social and environmental impact, especially in developing countries. This research paper addresses the dearth of Impact Investing research catering to India and the way can be capitalised as a method of growing this country to heights of development in coming years. This study seeks to define what Impact Investing is, how has it evolved, seeking opportunities in India, existing Impact Investors and their diversification and answers how can it contribute to Indian Economy. Review of existing literature on Impact Investing worldwide and India is the backbone of this description. Secondary data was collected from official websites to compare India with its European counterpart. India’s population surpasses Europe’s population with a massive chunk falling in Bottom of Pyramid, opening up new vistas which can be used as opportunities for Impact Investing in India. A lot of gap was there to address these concerns. This article brings the need for research and efforts in Impact Investing in India to fill the gap.