High net worth individuals (HNIs) and their family offices in India are increasingly parking their wealth in the country’s burgeoning startup ecosystem, hoping to land a windfall in the years to come.
Their participation is not only making it easier for entrepreneurs to raise capital but also paving the way for private equity (PE) and venture capital (VC) to gear up their fundraising process at a time when macroeconomic headwinds are prompting foreign limited partners (LPs) to pull their purse strings.