- FICCI launched the Family Office Forum on Tuesday, a dedicated platform for family offices.
- The platform aims to channel a growing pool of family capital, estimated at over $30 billion across roughly 300 family offices in India, into the country's startup and innovation ecosystem.
- According to FICCI, the forum will connect family offices with the startup ecosystem, providing a structured framework for dialogue, deal flow, and co-investment opportunities.
- Through the forum, FICCI aims to build a trusted pan-India network of family offices while curating deal flow, organising demo days, and enabling co-investment with startups and VCs.
- The forum also aspires to serve as a collective voice on policy, taxation, and regulatory matters, aligning with its vision to channel capital into building the country's next generation of globally competitive companies.
The Federation of Indian Chambers of Commerce and Industry (FICCI) launched the Family Office Forum to unlock an estimated $30 billion from around 300 family offices in India, aiming to enhance the startup ecosystem. The forum addresses the long-standing gap between patient capital and early-stage ventures.12
The initiative seeks to create a structured framework for deal discovery, co-investment, and policy engagement, facilitating collaboration among family offices and startups. Sanjeev Bikhchandani, chair of the FICCI Startup Committee, emphasized that family offices are a significant source of capital but have been underserved, often grouped with venture capital firms despite their unique needs.45
“Family offices represent a significant and growing segment of capital in India, but their needs have simply not been well served,” Bikhchandani stated. The forum aims to build a trusted pan-India network, curating investment opportunities and organizing demo days to improve engagement with policymakers on taxation and regulatory issues.
FICCI's initiative is designed to strengthen the flow of long-term domestic capital into India's startup ecosystem, helping finance the next generation of innovation-led companies while creating a more organized investment network for family offices. The Family Office Forum will also serve as a collective voice on policy matters affecting family offices, addressing challenges such as fragmented deal flow and limited co-investment opportunities.3
“An estimated $30 billion sits with roughly 300 family offices today, but there hasn't been an organized way to channel it into our innovation ecosystem,” Bikhchandani added, highlighting the need for a bridge between family offices and startups.
“Family offices manage an estimated $30 billion across roughly 300 offices, yet they have lacked a dedicated platform to connect with startups, said Sanjeev Bikhchandani. The forum aims to address this by curating investment opportunities, organizing demo days, and facilitating co-investment and shared due diligence.”
