Family offices investing through VC funds for bigger play in India’s startup party

Photo: Mint

Ratan Tata, chairman emeritus of Tata Sons Ltd, is currently the most visible champion of India’s ongoing start-up wave from the country’s traditional business quarter. In about 12 months, he’s built a portfolio of a dozen-odd start-ups, big and small, investing in them in his personal capacity. Less visible, but equally important, is the role being played by a growing population of family offices backed by the owners of so-called old-economy businesses.

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