Vineet Rai, Founder and Chairman, Aavishkaar Group, a major player in the impact sector, is convinced that the Covid-19 pandemic will result in investing in social enterprises becoming mainstream, overtaking even commercial investing. From returns at all cost, the world’s richest will now insist on resilience at all costs, he asserts.
“The idea that greed is good, is dead. Today, the owners of capital are fearful of losing the money. They are not worried about how much they are earning, they are worried that they should not lose their money.
“They are seeing risk in a different way. The world right now is focussed on the word resilience. Resilience over return,” he says.