For Family Offices, lack of expertise, investment in complex structures remain concern

There has been a significant rise of family offices in India and currently, family offices are graduating as a new investor class in the startup ecosystem of India. While family offices in the country have been conservative with their investments, leaned towards philanthropy and opted for safer investments in the past, there has been a shift in their mindset and they are taking on more risky bets and investing in startups, fintechs and new-age tech companies.