01 Oct 2026
Young, Rich, Family Office. Indian Heirs Worry Their Elders
22 Sep 2026
22 Sep 2026
Partner: Tanmay Patnaik
This is a link enhanced version of the article that first appeared in Bloomberg.
Article Overview:
The article examines a growing trend among the younger generation of India’s wealthy business families who are choosing to sell stakes in traditional family businesses and diversify their wealth through family offices, startups and financial markets. It explores how changing aspirations, succession considerations and the growth of India’s investment ecosystem are reshaping the transition of family-owned businesses across generations.
Our Partner, Tanmay Patnaik, shared his perspective. Here’s what he had to say:
“A decade ago the biggest challenge was for the founder or first generation entrepreneur to let go of power. Today, it is encouraging the next generation to take over.”
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