Report says India's alternative investments to exceed $2tn by 2034
India's alternative investment scene is set to skyrocket from $400 billion today to over $2 trillion by 2034, according to a report from Julius Baer and EY.
What's fueling this? Wealthy investors are looking for smarter, higher-yield opportunities that aren't tied to the usual stock market ups and downs: think private funds, offshore options, and family offices.
Indian family offices backing tech startups
Family offices have been moving beyond passive investing to actively backing startups and tech ventures.
They're now major players in funding areas like AI, clean energy, semiconductors, and digital infrastructure.
India had more than 19,000 ultra-high-net-worth individuals, with the number projected to exceed 25,000 by 2031, from around 45 family offices in 2018 to nearly 300 by 2024-25, they're helping shape the future of investing here.