An increasing trend is quite visible where working professionals are pledging or giving away chunks of their wealth for philanthropy or for the cause they believe in. Impact investing and conservation of the environment are top of the mind for young philanthropists. Being entrepreneurs themselves, these young professionals are keen to help like-minded, same-age profiled social impact makers. Technological ventures are the most preferred ones amongst the entire impact investing space.
Against this backdrop, Aakanksha Joshi, Partner at Economic Laws Practice (ELP) has been quoted by The Economic Times in the article by Maulik Vyas, titled ‘Will structure shows millennial entrepreneurs put their money where their heart is’. Aakanksha expresses her views on how the pandemic has acted as a catalyst to this movement, where wealth creators have started making contributions from an early stage rather than making bulk contributions towards the end of their lives.
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