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The alternative investment space has caught the fancy of young investors, with millennials dominating 60 per cent of investors' base into fractional investments, according to a report by Grip Invest, a digital investment platform. They are increasingly looking towards fractional asset investing in a bid to diversify their investment portfolios. In its report titled 'Gripping the Boom: Millennial in Fractional Investing', Grip Invest revealed that two-third of all investors on its platform are millennials. At present, Grip Invest has more than 26,000 investors, who have used the platform at least once. The report focuses on the transformative power of fractionalisation, a 150-year-old investing concept re-imagined for the digital age. Fractional investing allows a person to own a fraction or a share of an asset. Going by the report, 60 per cent of all orders made are from investors under 40 years of age bracket. Notably, investors as young as 21 years are choosing fractional high-y
The technology industry in India continues to draw Gen Z students with 77 per cent of them showing interest towards the sector, a report by Nasscom-Indeed said. Millennials and Gen Zs constitute around 90 per cent of the tech workforce in India enabling higher generational diversity and driving a shift in preferences. "Learning and Growth and Culture and Ethics are the top criteria for both Millennials and Gen Z when selecting an organisation, highlighting the employers' continued focus on skilling and upskilling to navigate the current work environment and develop their desired career paths," the Nasscom-Indeed Future of Work report 2024, which was released on Monday, said. "The technology industry in India continues to be the industry of choice for Gen Z students with 77 per cent... showing interest towards the industry," it said. The survey by Nasscom and Indeed involved 185 employers and over 2,500 individuals from current and future workforces. As much as 84 per cent of ...