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Millennials hunting for returns drive risk-hungry investing in India

Indian retail investors pouring money into new and lightly controlled assets sets India apart, after the pandemic fueled the rise of retail investors globally

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Subhadip Sircar, Divya Patil and Alex Gabriel Simon Thattil | Bloomberg
An impatient Indian investor class, largely driven by millennials, is leaping into riskier investments from peer-to-peer lending to cryptocurrencies in the hope of boosting returns rocked by one of the worst inflation rates in Asia.
 
The sheer number of individuals pouring money into new and lightly controlled assets sets India apart, after the pandemic fueled the rise of retail investors globally and left many exposed to the potential for large losses. Others have been luckier and wracked up wins while racing to buy a first car or apartment.

In Mumbai, Pratik Vora, 28, who works in finance, is shunning the