The India family offices market size reached USD 673.3 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 972.6 Million by 2033, exhibiting a growth rate (CAGR) of 4.20% during 2025-2033. The growth of the market is fueled by rising UHNW wealth, increasing financial sophistication, and the need for diversified portfolios. Regulatory reforms, global investment opportunities, and succession planning demands are also augmenting the India family office market share. Additionally, tech-driven solutions and professionalization trends are transforming traditional wealth management into structured, institutional-grade frameworks.
Report Attribute
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Key Statistics
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Base Year
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2024
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 673.3 Million |
Market Forecast in 2033 | USD 972.6 Million |
Market Growth Rate 2025-2033 | 4.20% |
Increasing Diversification into Alternative Investments
The significant shift toward alternative investments, driven by the need for higher returns and portfolio diversification is majorly driving the India family offices market growth. Traditionally, family offices in India favored equities, real estate, and fixed-income instruments. However, with rising market volatility and lower yields in conventional assets, ultra-high-net-worth families are increasingly allocating capital to private equity, venture capital, hedge funds, and structured credit. According to industry reports, numerous Indian family offices now invest in startups and unlisted companies, particularly in tech, healthcare, and fintech sectors. In 2024, India's startup ecosystem grew tremendously, achieving over 128,000 startups, which created 1.3 million jobs and drew more than 5,000 angel investors and more than 1,400 venture capital firms. There is a growing interest in family offices. The country has over 110 unicorns and had USD 6.6 Billion in exits in 2023, of which almost half this activity took place in tier 2 and tier 3 cities. This growth is largely attributed to government-backed funds such as the USD 1.4 Billion Fund of Funds for Startups (FFS) and the USD 115 Million Startup India Seed Fund Scheme (SISFS), as well as family offices, which have shifted their focus to sectors such as deep tech, artificial intelligence and healthcare for impactful investments. Additionally, there is growing interest in global alternative assets, including international real estate and private debt, to mitigate domestic risks. This trend reflects a broader global movement among family offices seeking alpha generation while balancing risk through sophisticated asset allocation strategies.
Adoption of Technology and Digital Asset Investments
Indian family offices are increasingly integrating advanced technologies including AI and blockchain into their operations for enhanced portfolio tracking, risk assessment, and data-driven decision-making. Simultaneously, many are cautiously exploring digital assets including cryptocurrencies, NFTs, and tokenized real estate despite regulatory ambiguity. On 30th July 2024, Reserve Bank of India (RBI) highlighted the introduction of eRupee Central Bank Digital Currency (CBDC) for enabling cross-border transactions in order to strengthen India's standing around the world and reshape the global office of the financial world in favor of the country, noting that eRupee can benefit digital trade regulations. Currently, in an advanced testing phase, the blockchain-linked rupee has garnered participation from 5 million users and 420,000 merchants. This step aligns with the growth in India's fintech sector and aims to ensure data security as well as facilitate growth in developing the digital skill set. Therefore, this is also creating a positive India family offices market outlook. While direct crypto exposure remains limited, some family offices are investing in blockchain startups, crypto funds, and Web3 infrastructure projects through venture capital routes. This trend reflects a generational shift, with next-gen leaders driving digital adoption while balancing innovation with risk management. As institutional interest in digital assets grows globally, Indian family offices are gradually diversifying into this emerging asset class, though with measured allocations due to volatility and changing regulations. The focus remains on long-term potential rather than speculative gains.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2025-2033. Our report has categorized the market based on type, office type, asset class, and service type.
Type Insights:
The report has provided a detailed breakup and analysis of the market based on the type. This includes single family office, multi-family office, and virtual family office.
Office Type Insights:
A detailed breakup and analysis of the market based on the office type have also been provided in the report. This includes founder’s office, multi-generational office, investment office, trustee office, compliance office, philanthropy office, shareholder’s office, and others.
Asset Class Insights:
The report has provided a detailed breakup and analysis of the market based on the asset class. This includes bonds, equalities, alternatives investments, commodities, and cash or cash equivalents.
Service Type Insights:
A detailed breakup and analysis of the market based on the service type have also been provided in the report. This includes financial planning, strategy, governance, advisory, and others.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include North India, South India, East India, and West India.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million USD |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Types Covered | Single Family Office, Multi-Family Office, Virtual Family Office |
Office Types Covered | Founder’s Office, Multi-Generational Office, Investment Office, Trustee Office, Compliance Office, Philanthropy Office, Shareholder’s Office, Others |
Asset Classes Covered | Bonds, Equalities, Alternatives Investments, Commodities, Cash or Cash Equivalents |
Service Types Covered | Financial Planning, Strategy, Governance, Advisory, Others |
Regions Covered | North India, South India, East India, West India |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
Key Benefits for Stakeholders: