Private Capital
Indian family offices eye bigger stake in burgeoning local startup ecosystem, enticed by high returns
17 Dec 2021
An increasing number of Indian family offices are eyeing a
bigger stake in the burgeoning local startup ecosystem—the third largest in the
world, enticed by the high returns startups have given to their backers since
last year.
This class of investors is now allocating up to 18% of their
wealth for private market investment—in startups and VC funds, found a new
report by trica, AZB & Partners, and EY. Titled “The Private Market
Monitor,” the report surveyed over 100 family offices and ultra-high net worth
individuals (UHNIs)—those with wealth over USD 30 million—between July and
October 2021.
Click here to read the full article on Kr Asia