By Aarathi Kumar |4th Aug 2020
Read the full article at Yourstory – Social story…
My comments:
This might also be the right time for impact investors to reassess their definition of impact and the metrics applied towards measuring it. According to Nagaraja Prakasam, angel investor and partner at impact investment firm Acumen, social businesses are the ones that are supporting communities. “These businesses have been more decentralised and impactful, and quite rightly should be attracting interest from impact investors.”
Of late, the view of sustainability as profitable has made many impact investors behave more like their mainstream venture capital and private equity counterparts, but Prakasam believes these new impact narratives might renew motivation to invest in the space.
How 4 my portfolio is demonstrating Circular Economy | Planet Healers – Saahas Zero Waste | WWF awardee carbon masters
….Key takeaways
- Redefine the impact metrics and funnel more private funding in areas that fill important service delivery gaps. The new Social Stock Exchange being designed to help social enterprises raise funds offers one possible avenue to address this.
- Re-evaluate consumption patterns and preferences so as to support local, sustainable businesses.
- Make it easier to on-board solutions that have demonstrable success through public process reform and help build financial resilience in businesses that provide essential services.
Read the full article at Yourstory – Social story…