How outcome-based impact bonds are attracting global investors to India

India is uniquely positioned to attract funding through the impact bond route given the maturity of the social investing ecosystem

Impact Bonds, an outcome-based finance mechanism, has caught the fancy of social impact investors and global philanthropic funds in India. Earlier this month, UBS Optimus Foundation launched its third impact bond in the country, along with a clutch of international and Indian donors these included the British Asian Trust, Michael & Susan Dell Foundation, Tata Trusts, Comic Relief, the Mittal Foundation, and British Telecom. The $11 million fund will target three NGOs in the education space. 

According to Richard Hawkes, chief executive of the British Asian Trust, India is on the cusp of attracting many such impact bonds. “We are