Single-Family Office
AllCargo Logistics Ltd
Mumbai
Investor Directory
Family Offices in India
This directory profiles verified family offices operating in India, ranging from large multi-family platforms managing assets on behalf of many client families to single-family offices set up by individual business families. Indian family offices frequently operate as extensions of a founder's operating business, blending proprietary capital deployment with governance, succession, and philanthropic activity.
37 Firms Listed$26.2+ billion Combined AUM (3 of 37 firms reporting)
Data last verified: August 2026
By AUM band
0 <$500M0 $500M-$1B1 $1B-$5B0 $5B-$10B2 $10B-$50B0 >=$50B34 Undisclosed
3 of 37 disclose AUM
By region
0 North America1 Europe0 Middle East28 Asia-Pacific0 Latin America0 Africa
29 of 37 have a mapped headquarters region
By sector
1 Alternate Investments1 Alternative Assets1 Alternative Energy1 Artificial Intelligence1 Biopharmaceutical1 Biotech1 Climate Solutions1 Cloud Kitchens1 Commodities1 Consumer Goods1 Debt1 E-Commerce1 Ecommerce1 Education1 Energy1 Environmental Solutions2 Equities1 Equity1 ESG Alternatives1 Finance3 Financial Services1 Financial Technologies2 Fixed Income1 Gaming1 Gene Therapy1 Health and Wellness2 Healthcare1 Impact Investing1 India-focused1 Industrial1 Information Technology1 Infrastructure1 Investment Management1 IoT1 M&A1 Maritime1 Media1 Mobility1 Packaging1 Paper Packaging1 Pharmaceuticals1 Philanthropy1 Private Equities1 Private Equity2 Public Equities1 Public Markets8 Real Estate2 Renewable Energy1 Retail1 Startups1 Sustainability1 Technical Textiles3 Technology1 Telecom1 Transaction Advisory
Counts exceed the firm total because a firm may carry more than one sector
By investment type
10 Direct Investments3 Fund Commitments1 Public Equities
37 firms
- Multi-Family OfficeFirm-reported
Altamount Capital Management
Mumbai, IndiaEst.2008Altamount Capital Management describes itself as an investment banking and corporate advisory firm serving Indian corporates, promoters, and families. The firm states that its services span private equity syndication, mergers and acquisitions, debt and structured debt, and wealth management for ultra high net worth families under its Altamount Select offering.[Firm website]
According to the firm, Altamount Capital Management was founded in 2008 and is based in Mumbai. The firm notes that it operates independently from the similarly named Altamont Capital Partners, a separate United States based private equity firm.[Firm website]
Focus
Multi-generational capital management with focus on PE and value creation across generations
- Single-Family OfficeFirm-reported
Ambani Family Office
Mumbai, IndiaThe Ambani family, led by Mukesh Ambani, controls Reliance Industries, a Fortune 500 company and India's largest private corporation. FY25 consolidated revenue reached INR 10.71 lakh crores, with EBITDA of INR 1,83,422 Cr and net profit of INR 81,309 Cr. Reliance operates the world's largest single-location refinery at Jamnagar. Jio serves 500M+ customers with an IPO planned for H1 2026. Reliance Retail runs ~19,340 stores as India's largest retailer. New energy: building integrated solar, battery, and hydrogen systems. Separately from the operating company, Mukesh Ambani opened a dedicated family office in Singapore, reported in October 2022.
Focus
Controlling stake in Reliance Industries: energy, petrochemicals, telecom (Jio), retail, media, and new energy
- RIAFirm-reported
Ankhonia
Bangalore, IndiaKey:Mukesh Kumar Sinha, Founder
Ankhonia describes itself as an investment adviser serving families in the entrepreneurial community through investment management and lifestyle services. The firm states that every family it works with is unique, and that its approach is adapted accordingly rather than standardized.[Firm website]
According to the firm, Ankhonia offers wealth advisory, structuring of domestic and international holdings, asset maintenance, lifestyle services, an administrative helpdesk, and access to alternative investment avenues including unlisted and start up opportunities in India and overseas. The firm is led by founder Mukesh Kumar Sinha.[Firm website]
Focus
Wealth advisory, alternative investments, venture capital opportunities, and international asset structuring for entrepreneurial families
- Multi-Family OfficeFirm-reported
ASK Private Wealth
Mumbai, IndiaEst.1983AUM
~$10B (INR 81,000 Cr+)
ASK Private Wealth describes itself as one of the businesses of the ASK Asset & Wealth Management Group, sitting alongside ASK Investment Managers, ASK Property Fund, ASK Capital, ASK Hedge Solutions, ASK Finance, ASK Private Credit Fund, and ASK Mutual Fund, part of a group the firm says was founded in 1983.[Firm website]
According to the group, ASK Asset & Wealth Management has reported pursuing growth in the Middle East, including hiring in Dubai as part of an expansion of its international private wealth business alongside its established India franchise.[Firm website]
Focus
Investment management, wealth advisory, real estate PE, hedge funds, private credit, and financing
- Single-Family OfficeFirm-reported
Berggruen Holdings
Berggruen Holdings describes itself as the private investment vehicle of Nicolas Berggruen, investing across direct private equity, real estate, alternative energy, financial instruments, and industrial startups. The firm states that its approach favors long term, value oriented investments alongside acquisitions and partnership management opportunities.[Firm website]
According to the firm, Berggruen Holdings maintains an investment team that includes a chief investment officer and managing directors covering real estate as well as regional mandates spanning Europe, Germany, France, Turkey, and India, reflecting a global rather than single market orientation.[Firm website]
Focus
Global equity investments across multiple industries and asset classes with emphasis on direct PE, real estate, alternative energy, and financial instruments
Sectors
Private EquityReal EstateAlternative EnergyFinancial ServicesIndustrialInvests via
Direct Investments - Single-Family OfficeFirm-reported
Burman Family Holdings
Delhi, IndiaThe strategic investment platform of the Burman family, control shareholders of the Dabur Group, led by Gaurav Burman. The platform takes a long-term, active approach to early-stage companies in Healthcare, Financial Services, Hospitality, Education, and Media, generally through joint ventures with global businesses and sizeable, governance-rights-bearing stakes in local Indian entrepreneurs. The family raised its stake in Religare Enterprises to nearly 30 percent in March 2026.
Focus
Strategic investment platform for the Burman family's private wealth
- Multi-Family OfficeFirm-reported
Cervin Family Office
Mumbai, IndiaEst.2020Cervin Family Office describes itself as a pure advisory and investment consulting practice serving family offices, family business owners, entrepreneurs, and offshore institutional investors in India. The firm states that it offers no internally manufactured investment products and maintains no commercial tie ups with product providers, fund managers, broking houses, or investment banks.[Firm website]
According to the firm, Cervin Family Office is registered under SEBI's Investment Adviser Regulations and publishes a monthly complaint status disclosure as part of that registration. The firm describes its service lines as spanning family office services, family wealth strategy, family governance and continuity planning, philanthropy, and market advisory for offshore investors entering India.[Firm website]
Focus
Multi-family office providing investment management and wealth advisory to Indian business families
- Multi-Family OfficeFirm-reported
Client Associates
Gurgaon, IndiaEst.2002Assets under advice
$7B assets under advice
Client Associates describes itself as an India based multi family office and private wealth management firm serving ultra high net worth individuals and families. The firm states that its services span family office administration, private wealth management, estate planning, real estate advisory, investment banking, lending, insurance, and immigration support.[Firm website]
According to the firm, Client Associates was founded in 2002 and uses proprietary quantitative asset allocation models across equities, fixed income, alternative investment funds, and real estate. The firm has published commentary on topics including family governance structures and the psychology of spending, positioning itself as an advisory minded rather than purely capital deploying practice.[Firm website]
Focus
Private wealth management, family office solutions, estate planning, real estate advisory, investment banking, and lending
- Multi-Family OfficeFirm-reported
Credence Family Office (now Equirus Family Office)
Bangalore, IndiaEst.2010AUM
INR 10,000 Cr (~$1.2B)
Credence Family Office, now operating as Equirus Family Office, describes itself as a multi family office offering bespoke services including wealth management, strategic tax planning and structuring, bookkeeping and record management, business advisory, risk management, concierge support, mentorship, philanthropy guidance, and real estate and debt restructuring advice.[Firm website]
According to the firm, the practice was founded in 2010 and has since combined with Equirus Wealth's broader platform. The firm's principals have written and spoken publicly about topics including debt alternatives and the outlook for Indian wealth advice.[Firm website]
Focus
MFO offering wealth management, tax planning, business advisory, risk management, philanthropy, and mentorship
- Single-Family OfficeFirm-reported
Dandu Family Office
HyderabadDandu Family Office describes itself as the investment arm of the Dandu Group, investing across private equity, growth equity, and venture capital as well as capital markets. The firm characterizes its approach as sector flexible and stage agnostic, emphasizing patient capital and active partnership with the companies it backs.[Firm website]
According to the firm, Dandu Family Office operates as the family office of the Dandu Group and describes its mandate as covering a broad range of sectors rather than concentrating in a single vertical, reflecting the group's diversified industrial base.[Firm website]
Focus
Private equity, growth equity, and venture capital investments across technology, infrastructure, finance, healthcare, and consumer markets
Sectors
Financial TechnologiesInfrastructureMaritimeConsumer GoodsE-CommerceBiotechEnergyTelecomMediaMobilityInvests via
Direct Investments - Multi-Family OfficeFirm-reported
Entrust Family Office
Est.2013Entrust Family Office describes itself as a boutique multi family office advisory firm helping families with significant wealth create what it calls lasting legacies. The firm states that its services include estate, legacy, and succession planning, a family CFO function, NRI services, strategic philanthropy, and startup portfolio management.[Firm website]
According to the firm, Entrust Family Office was founded in 2013 by Rajmohan Krishnan, author of the book Wise Wealth. The firm has said publicly that families with wealth deserve customized solutions and a trusted party to represent their interests, framing its role as representing the interests of the family it serves rather than any counterparty.[Firm website]
Focus
Wealth management, personal investment management, real estate, estate planning, legacy and succession planning, and strategic philanthropy
Sectors
Real EstateFinancial ServicesPhilanthropy - Multi-Family OfficeFirm-reported
Foresight Family Office
BangaloreKey:Kishore Raj, Founder and CEO
Foresight Family Office describes itself as an independent multi family office with a presence in Bangalore. The firm states that it was built to grow and nurture a legacy for clients intended to withstand the passage of time.[Firm website]
According to the firm, Foresight Family Office is led by founder and chief executive Kishore Raj, whom the firm credits with bringing industry experience and a reputation for integrity and credibility to the practice.[Firm website]
Focus
Investment management and family office advisory services
- Single-Family OfficeFirm-reported
Godrej Family Office
Mumbai, IndiaEst.1897Founded in 1897 by Ardeshir Godrej, the Godrej Group is one of India's most venerated industrial dynasties. Godrej Consumer Products (market cap INR 1,00,928 Cr) generates INR 15,184 Cr in revenue across personal and home care. Godrej Properties is a leading residential developer. Godrej Industries coordinates the broader group with FY2025-26 revenue of INR 21,924 Cr. The group operates across nine sectors spanning banking, energy, digital, mobility, real estate, healthcare, trading, lubricants, and media. The family office was reported in June 2026 investing in SILA alongside the JSW, Lodha, and Sattva family offices.
Focus
Consumer products, real estate development, industrial chemicals, agrovet, and technology
- Single-Family OfficeFirm-reported
Green Capital
New Delhi, IndiaEst.1999Green Capital describes itself on its company profile as an institutional investor and single family office active across public equity, private investment in public equity, debt, private equity, venture capital, real estate, hedge funds, and fund of funds strategies. The firm states that its specialties also include derivatives, alternatives, and direct co investments.[Firm website]
According to the firm, Green Capital deploys capital across value investing, portfolio advisory, and investment research alongside fund raising and asset management advisory work, describing its network as spanning deal flow relationships across London, New York, Dubai, Singapore, Hong Kong, Tokyo, and India.[Firm website]
Focus
AMFI-registered mutual fund distribution and investment platform
- Single-Family OfficeFirm-reported
Indvest Group
Mumbai, IndiaIndvest Group describes itself as a Mumbai based family office focused on investing proprietary capital in high quality public and private companies in India. The firm states that its mandate is built around direct exposure to the Indian market rather than delegating capital to outside managers.[Firm website]
According to the firm's own materials, Indvest Group operates from Nariman Point in Mumbai and positions itself as a proprietary capital vehicle rather than a fee based advisory practice, reflecting a preference for direct ownership over intermediated investment structures.[Firm website]
Focus
Investment in public and private companies in India
Invests via
Direct Investments - Single-Family OfficeFirm-reported
Innovations Investment Management
Bangalore, IndiaEst.2005Key:S.D. Shibulal, Founder
Innovations Investment Management describes itself as the single family office of S.D. Shibulal, co founder of Infosys. The firm states that it operates as a custodian of family assets with a long term growth perspective, organizing its activity across a philanthropic portfolio and a business portfolio.[Firm website]
According to the firm, Innovations Investment Management was established in the fiscal year that began in 2005. The firm has said its stated objectives include building sustainable platforms for philanthropy and business interests, creating social impact in education, entrepreneurship, and sustainability, and adopting what it calls a custodianship approach to long term asset protection.[Firm website]
Focus
Philanthropy and business ventures spanning education, entrepreneurship, mobility, hospitality, and organic retail
- Multi-Family OfficeFirm-reported
Lovak Capital
Key:Jyoti Bhandari Chandra, CEO & Founder
Lovak Capital describes itself as a wealth management firm serving multi family offices and ultra high net worth individuals. The firm states that its offerings include family office services, private wealth management, real estate advisory, succession planning, fundraising and structured financing, and financial planning.[Firm website]
According to the firm, Lovak Capital positions its practice around what it calls growth positive wealth management, stating that it partners with clients to pursue capital appreciation while actively managing risk. The firm was founded by Jyoti Bhandari Chandra.[Firm website]
Focus
Comprehensive wealth management and investment management for multi-family offices, ultra-high-net-worth individuals, entrepreneurs, and family offices in India
Sectors
EquitiesFixed IncomeReal EstateAlternate InvestmentsInvests via
Direct InvestmentsFund Commitments - Single-Family OfficeFirm-reported
MABS Enterprises LLP
MABS Enterprises LLP describes itself as the office of the Shanghvi family, with core operating businesses in textile machinery manufacturing and foundry. The firm states that it proactively pursues investment opportunities in real estate, retail, and the startup ecosystem alongside its core industrial operations.[Firm website]
According to the firm, MABS Enterprises supports early stage founders across technology, cloud kitchens, financial services, and healthcare, describing its role as a partner to young entrepreneurs building sustainable businesses with an emphasis on ethical practice and long term growth.[Firm website]
Focus
Early-stage startup investments and partnerships in Technology, Cloud Kitchens, Financial Services, Healthcare, Real Estate, and Retail
Sectors
TechnologyCloud KitchensFinancial ServicesHealthcareReal EstateRetail - Single-Family OfficeFirm-reported
Maheshwari Investors Private Limited (MIPL)
MumbaiEst.1946Maheshwari Investors Private Limited describes itself as the investment arm of the Maheshwari Family Office, structured as a non banking financial company. The firm states that its current focus spans seed funding for early stage business ideas, lending to real estate developers, and renewable energy investing.[Firm website]
According to the firm, MIPL was founded in 1946, and it traces the family office's roots to the patriarch's early trading activity in stocks, commodities, and bullion in Mumbai. The firm also describes an algorithmic trading strategy that runs market neutral positions in the futures and options segment, alongside longstanding exposure to real estate, pharmaceuticals, renewable energy, information technology, ecommerce, and education.[Firm website]
Focus
Seed funding, real estate lending, renewable energy investments, public equities, and algorithmic trading
Sectors
Real EstatePharmaceuticalsRenewable EnergyInformation TechnologyEcommerceEducationPublic EquitiesInvests via
Direct InvestmentsFund Commitments - Single-Family OfficeFirm-reported
Manjushree Ventures
Manjushree Ventures describes itself as the family office of the Kedia family, tracing its roots to umbrella manufacturing before the family built a rigid plastic packaging business. The firm states that it has since consolidated into a diversified conglomerate with ventures spanning technical textiles, health and wellness, paper packaging, and real estate.[Firm website]
According to the firm, Manjushree Ventures took its current form after the family divested its stake in Manjushree Technopack, redirecting the proceeds into the broader set of ventures the office now oversees. The firm describes its orientation as multidimensional rather than concentrated in a single sector.[Firm website]
Focus
Diverse business sectors including rigid plastic packaging, technical textiles, health and wellness, paper packaging, and real estate
Sectors
PackagingTechnical TextilesHealth and WellnessPaper PackagingReal EstateInvests via
Direct Investments - Single-Family OfficeFirm-reported
Midas Capital
Delhi NCR, IndiaBased in Delhi NCR, Midas Capital is a Baheti Family Office entity investing across various asset classes for sustainable global development and wealth preservation. The firm takes a disciplined, patient approach, focusing on long-term value creation.
Focus
Sustainable global development and wealth preservation
- Single-Family OfficeFirm-reported
Nadathur Group
Caterham, UK / Bangalore, IndiaKey:Nadathur S. Raghavan, Founder
Nadathur Group describes itself as the family office of Nadathur S. Raghavan, co founder of Infosys. The firm states that it pursues three approaches: a diversified core of endowment style, multi generational portfolios; concentrated investments in high potential science and technology ventures; and social and philanthropic initiatives.[Firm website]
According to the firm, Nadathur Group's philanthropic activity spans support for NSRCEL at IIM Bangalore, scientific research and healthcare, causes including FAME India for neurodevelopmental disabilities, biodiversity conservation, and women's empowerment. The group maintains offices in Caterham in the United Kingdom, Singapore, and Bengaluru.[Firm website]
Focus
Endowment-style multi-generational portfolios, concentrated science and technology ventures, and philanthropy
- RIAFirm-reported
Phoenix Advisers
DelhiKey:Amit Khanna, Chief Investment Officer
Phoenix Advisers describes itself as a boutique transaction advisory and investment management firm with offices in Delhi and Singapore. The firm states that it works with business owners and investors across India and the Asia Pacific region on capital funding and exit transactions.[Firm website]
According to the firm, Phoenix Advisers is led by Chief Investment Officer Amit Khanna, and the firm says it prioritizes alignment of interests and long term wealth generation across the transactions and investments it advises on.[Firm website]
Focus
Transaction advisory, investment management, M&A advisory, and asset allocation
Sectors
Transaction AdvisoryInvestment ManagementM&A - Single-Family OfficeFirm-reported
Pico Capital
Key:Ajay Bhartiya, Managing Director and Founder
Pico Capital describes itself as a family enterprise operating as a registered non banking financial company that manages proprietary capital across asset classes including equity, fixed income, real estate, renewable energy, and startup funding. The firm states that its equity approach favors direct stocks selected through fundamental research.[Firm website]
According to the firm, Pico Capital follows a defined process for new investments that begins with screening ideas and industry analysis, followed by evaluation of management and financial and valuation analysis, before a decision is reached by investment committee consensus. The firm is led by founder and managing director Ajay Bhartiya.[Firm website]
Focus
Diversified investment across equity, fixed income, real estate, renewable energy and startup funding
Sectors
EquityFixed IncomeReal EstateRenewable EnergyStartupsInvests via
Direct InvestmentsFund Commitments - Single-Family OfficeFirm-reported
Poonawalla Family Office
Pune, IndiaFamily net worth
$22B+
Key:Adar C. Poonawalla, CEO
The Poonawalla family, led by Chairman Dr. Cyrus S. Poonawalla and CEO Adar C. Poonawalla, owns the Serum Institute of India, the world's largest vaccine manufacturer, producing vaccines for measles, mumps, rubella, DTP, hepatitis B, influenza, and COVISHIELD, with ongoing collaborations on chikungunya and Nipah vaccines. Family net worth: $22B+ (Forbes India #9, 2024). The broader Cyrus Poonawalla Group spans the Serum Institute and additional diversified holdings from Pune. The Adar Poonawalla Family Office has made direct investments outside the core Serum Institute holdings, including a Rs 700 crore stake in Inox Clean at a Rs 70,000 crore valuation.
Focus
Vaccine manufacturing, pharmaceutical investments, and diversified holdings through Cyrus Poonawalla Group
- Single-Family OfficeFirm-reported
Premji Invest
AUM
$15 billion+
Premji Invest describes itself as the family office of Azim Premji, deploying evergreen, permanent capital across both private and public markets. The firm states that its sector coverage spans consumer, healthcare, technology, and financial services, and that it structures its capital to avoid the fixed life cycle constraints of a traditional fund.[Firm website]
According to the firm, Premji Invest positions itself as an investor for the long term rather than a fund manager working toward a fixed exit horizon, describing its approach as evergreen capital deployed with a multi decade outlook across its public and private strategies.[Firm website]
Focus
Artificial intelligence, biopharmaceutical, gene therapy, life sciences, and technology investments
Sectors
Artificial IntelligenceBiopharmaceuticalGene TherapyTechnology - Single-Family OfficeFirm-reported
Raintree Family Office
Mumbai, IndiaEst.2017Key:Leena Dandekar, Founder and Principal
Raintree Family Office describes itself as a single family office using a hybrid model that combines a socially conscious investing arm with a private philanthropic foundation, targeting what the firm calls India's chronic social issues. The firm states that its portfolio spans ESG conscious alternative assets, impact investments, public market equities, and private equity investments in enterprises addressing social issues.[Firm website]
According to the firm, Raintree Family Office was founded in 2017 and is supported by the Dandekar family. Independent coverage of the firm has reported that Raintree created an investment committee with the power to challenge the family's own views on capital allocation, reflecting the office's stated shift from an operating business toward what it calls a purpose led portfolio.[Firm website][AsianInvestor]
Focus
Impact investing in climate solutions, sustainability, and responsible consumption through ESG-conscious alternative assets and equity investments
Sectors
Climate SolutionsSustainabilityImpact InvestingESG AlternativesInvests via
Direct Investments - Single-Family OfficeFirm-reported
Samaasa Capital
Bengaluru, IndiaA conviction-based, long-term family fund focused on managing personal wealth through fundamental research on growth-oriented stocks and emerging Indian companies. Samaasa Capital invests in niche companies with passionate management teams, emphasizing the long-term India growth story from Bengaluru.
Focus
Long-term, conviction-based equity investing in growth-oriented Indian companies
Sectors
Public EquitiesIndia-focusedInvests via
Public Equities - Single-Family OfficeFirm-reported
SKG Family Office Pvt Ltd.
New Delhi, IndiaEst.2022Key:Sanjay Krishna Goyal, Founder
SKG Family Office describes its approach to investing as all weather, building a portfolio that is not designed to minimize risk or maximize returns in any one environment but instead to perform consistently across market conditions, a philosophy the firm attributes on its site to Ray Dalio. Alongside portfolio management, the firm makes early stage venture investments, providing what it calls long term, patient capital to founders.[Firm website]
According to the firm, SKG Family Office was founded in 2022 by Sanjay Krishna Goyal, who previously built ACL Mobile before its sale to Sinch. The firm also conducts philanthropy through the Anandaya Foundation, which it describes as supporting foundational education for children from low income households, and through its support of Accelerate Indian Philanthropy.[Firm website]
Focus
All-weather investment portfolio management and philanthropy for the Goyal family
- Single-Family OfficeFirm-reported
The Narotam Sekhsaria Family Office
MumbaiEst.2006Key:Pulkit Sekhsaria, Managing Director
The Narotam Sekhsaria Family Office describes its approach as patient capital focused on wealth preservation, pursuing long term investments and partnerships in public markets, commodities, private equities, and real estate. The firm, associated with the Sekhsaria family behind Ambuja Cements, invests through its flagship vehicle Radha Madhav Investments alongside Madhurima International and Satyanarayan Sekhsaria Private Limited.[Firm website]
According to the firm, the family office was founded in 2006 and is led by Managing Director Pulkit Sekhsaria. The office operates from Mumbai, London, and Dubai, reflecting an international footprint alongside its core India focused investment activity.[Firm website]
Focus
Long-term investments and partnerships in public markets, commodities, private equities, and real estate
Sectors
Public MarketsCommoditiesPrivate EquitiesReal EstateInvests via
Direct Investments - RIAFirm-reported
Triquetra Wealth
MumbaiTriquetra Wealth describes itself as a boutique wealth management firm providing bespoke solutions for complex private wealth requirements across diverse jurisdictions. The firm states that its work rests on three core pillars it names as integrity, trust, and relationship.[Firm website]
According to the firm, Triquetra Wealth positions its practice around managing global complexity for clients while aiming to safeguard investments and provide what the firm describes as peace of mind across jurisdictions.[Firm website]
Focus
Private wealth management across diverse global jurisdictions for families and business owners
- Multi-Family OfficeFirm-reported
Udyat Ventures
Key:Rahul Gupta
Udyat Ventures describes itself as a multi family investment office operating under a philosophy it summarizes as invest, assist, and persist. The firm states that it provides capital, mentorship, and strategic guidance to the founders and portfolio companies it backs.[Firm website]
According to the firm, Udyat Ventures takes a hands on approach, positioning itself as a committed partner in the success of the entrepreneurs it invests alongside rather than a passive capital provider. The firm was founded by Rahul Gupta.[Firm website]
Focus
Early-stage and growth-stage venture investments across technology, healthcare, environmental solutions, and consumer sectors
Sectors
TechnologyHealthcareGamingIoTEnvironmental SolutionsFinanceInvests via
Direct Investments - Multi-Family OfficeFirm-reported
Valtrust Capital
Chennai, IndiaEst.2018Valtrust Capital describes itself as a multi family office providing bespoke asset management to families, institutions, and individuals in India and globally. The firm states that it manages client investments across equities, debt, and alternative assets from offices in New Delhi, Chennai, London, and Singapore.[Firm website]
According to the firm, Valtrust Capital was founded in 2018, and its principals have published commentary on topics including sector rotation strategies and the durability of thematic fund performance.[Firm website]
Focus
Asset management across equities, debt, and alternative assets for families, institutions, and individuals
Sectors
EquitiesDebtAlternative Assets - Multi-Family OfficeFirm-reported
Venn Wealth
BangaloreVenn Wealth describes itself as the wealth management arm of Oye Paisa Consulting, a SEBI registered investment adviser. The firm states that its offerings include financial planning, wealth management, and multi family office services such as estate and legacy management, lifestyle management, real estate services, and NRI focused services.[Firm website]
According to the firm, Venn Wealth frames client relationships as partnerships of equals, stating that it sees clients as more than their portfolios and aims to actively manage financial assets in line with the risk profile and asset allocation preferences of each client.[Firm website]
Focus
Comprehensive wealth management including financial planning, multi-family office services, estate and legacy management, and NRI wealth solutions
- Multi-Family OfficeFirm-reported
Waterfield Advisors
Mumbai, IndiaEst.2011Key:Soumya Rajan, Founder & CEO
Waterfield Advisors describes itself as a wealth management and family office advisory firm in India, offering guidance across family businesses, professionals, founders and entrepreneurs, women clients, global Indians, and clients in media, sports, and entertainment. The firm states that its asset management solutions include discretionary portfolio management, a fund of funds, smart beta strategies, and global investment access.[Firm website]
According to the firm, Waterfield Advisors has served prominent Indian business families since its founding in 2011 by Soumya Rajan. The firm publishes regular commentary on topics including regulatory changes affecting non resident Indian investors and shifts in global capital flows.[Firm website]
Focus
Unbiased wealth and family office advisory, discretionary PMS, fund of funds, smart beta, and global investment solutions
- Multi-Family OfficeFirm-reported
Wodehouse Capital Advisors
Mumbai, IndiaWodehouse Capital Advisors describes itself as a mid market investment bank offering mergers and acquisitions, capital syndication, and strategic consulting alongside a multi family office practice providing investment management and succession planning for ultra high net worth individuals. The firm states it is a member of the World M&A Alliance.[Firm website]
According to the firm, Wodehouse Capital Advisors positions its strategic consulting practice around buy side advisory, India market entry, business restructuring, and real estate consultancy, alongside its core investment banking and family office lines.[Firm website]
Focus
Mid-market investment banking, strategic consultancy, and multi-family office services for ultra-HNIs
CAPITAL LANDSCAPE
The India Family Office Landscape
India family offices generally operate under SEBI's regulatory framework, and many of the largest platforms are structured as holding companies with active involvement in the family's underlying operating businesses rather than as pure external-manager arrangements.
Many family offices are in the middle of a generational transition, with younger family members pushing for broader allocations into venture and technology alongside longstanding holdings in the family's core businesses.
LOCAL MARKET
Why India
Indian family offices maintain deep knowledge of Indian business environments, regulatory structures, and supplier/customer networks. Capital seekers expanding within India benefit from family office operational connections and market expertise.
Conglomerate expertise creates value-add for platform acquisitions and consolidation plays. Many Indian offices maintain experienced acquisition and integration teams key to executing transformational deals.
Younger generation VC appetite creates emerging opportunities for technology and startup-stage capital. Family offices are increasingly active in Series A and Series B rounds across the Indian tech space.
Frequently Asked Questions
How many family offices are there in India?
Estimates vary widely depending on how loosely the term family office is defined, and there is no single public registry that tracks them. This directory profiles the family offices verified and listed here, ranging from large multi-family offices managing assets on behalf of many client families to single-family offices set up by individual business families.
How do you set up a family office in India?
Setting up a family office in India starts with choosing a legal structure, most commonly a private limited company or LLP; offices whose investment activity involves lending or other financial-company business may additionally need to register as a Non-Banking Financial Company (NBFC) with the RBI, a separate regulatory classification layered on top of the underlying entity, not an alternative to it. The office should also register with SEBI if it will offer portfolio management or investment advisory services. Founders typically engage a chartered accountant and legal counsel early to structure holding entities, define an investment policy, and separate family governance (succession, philanthropy) from the investment mandate. Because SEBI, RBI (for NBFC registration), and tax treatment vary by structure, most Indian family offices work with a specialized family office advisory firm during setup.
What is a family office in India?
A family office in India is a private entity that manages the wealth, investments, and often the succession and philanthropic affairs of a single ultra-high-net-worth family (a single-family office) or of multiple families (a multi-family office). Indian family offices frequently operate as extensions of a founder's operating business, blending proprietary capital deployment with tax structuring, estate planning, and governance advisory.
What is the difference between a single-family office and a multi-family office in India?
A single-family office in India serves the wealth, investments, and often the philanthropic and succession affairs of one family, and is typically set up and controlled directly by that family. A multi-family office serves multiple, usually unrelated, client families under one advisory or investment-management platform, offering shared infrastructure, governance support, and access to co-investment opportunities across the families it serves. Many Indian multi-family offices register with SEBI as investment advisers or portfolio managers, while single-family offices more often operate as a private holding or investment company for one family without offering services to outside clients.