In 2018, the heads of an Indian HNI family convened to debate liquid investments related to their wealth, given that they were a multi-generational family group. The conversation focused on building a legacy while mitigating market risks and eventually culminated to the establishment of their own family office. Similarly, dozens of families in India were embarking on a similar journey, seeking structure and professionalism in managing their fortunes.
Since then, family offices in India have experienced significant expansion. A recent report indicates that the number of family offices has increased 7X in the last six years, rising from 45 in 2018 to almost 300 by 2024. This growth signifies a move towards more organized and professional investment management and succession planning for affluent families.
Full article at: https://yourstory.com/2025/06/family-offices-in-india-pioneering-startup-investm