The FamCap Family Offices

One business – six family offices

Big tech has created many billionaires who often go on to create family offices. But one such company – and it’s not in the US – has so far created more family offices than any others.

Infosys is India’s best-known tech company – perhaps India’s Microsoft – and six of its seven founders have set up family offices. They are a testament to the success of the business. 

Among India’s most dynamic entrepreneurs, these individuals have gone on to continue their success through their family offices. Their family offices have also helped to underpin the framework for India’s flourishing family office ecosystem – now one of the most dynamic in Asia. 

These family offices are:

Catamaran Ventures

Owner: N.R. Narayana Murthy

Probably the best-known of the seven founders of Infosys given that Narayan Murthy is the richest of all of them, has been voted as one of the greatest entrepreneurs of all time by Fortune,  and his son-in-law is Rishi Sunak, the current UK chancellor of the exchequer. Narayan Murthy set up his family office in 2010. 

Set up in 2010, Bangalore-based Catamaran managers more than $1 billion in assets with a portfolio of direct investments in private equity and venture businesses. It also invests in public markets.  

Pratithi Investment Trust

Owner: Kris Gopalakrishnan

Gopalakrishnan set up Axilor Ventures in 2014 to help promote young tech entrepreneurs in India, but he does most of his investing through his Mumbai-based family office, Pratithi Investment Trust. Pratithi invests directly mainly in the tech sector and recently backed Bangalore agri-tech startup CropIn

NRJN Trust

Owner: Nandan Milekani

Milekani, the former CEO of Infosys, set up his family offices in 2017. It has gone on to invest in Ninjacart, an agric-tech venture, and Avanti Finance, a financial services business. 

Innovations Investment Management

Owner: S. D. Shibulal

Shibulal set up Innovations Investment Management in 2005 and it’s gone on to make numerous investments mostly influenced by an impact investment perspective.

Nadathur Holdings & Investments

Owner: N.S. Raghavan

Founded in 2000 shortly after the IPO of Infosys, Raghavan’s family office is the oldest of all the tech group founders’ investment offices. Nadathur Holdings has invested in more than 25 venture and private equity businesses. 

Mirabilis Investment Trust

K. Dinesh, one of the seven founders of Infosys, isn’t linked to a family office, despite wealth of $2 billion-plus, according to Forbes. But could it be Banglaore-based Mirabilis Investment Trust? According to one of Mirabilis’s staff profiles on LinkedIn, the investment trust managers the assets of “reputed tech founder based in Bangalore” – and Dinesh lives in Bangalore. Of course, it might not be Dinesh’s investment group – Family Capital wasn’t able to find out definitely at the time of publication – but given Dinesh’s wealth and given five of his other co-founders’ have family offices, he’s likely to have set one up to manage his fortune.

Subscribe

You will need a Premium Plus Subscription to access this database.

Exclusive news, analysis and research on global family enterprise and private investment offices.

Access to the most comprehensive fully interactive database on global family offices, principal investment offices, and family enterprises.

Check Deal Data, Senior Staff, and New Analysis on more than 500 family/principal investment and holding groups

Already have an account? Login

Subscribe

You need at least a Premium Subscription to read this article.

The most comprehensive information service on the global family enterprise world, featuring exclusive news, analysis, research and data on global family enterprises, family offices, and private investment offices.

Premium

£299

per year

  • Exclusive reports, analysis and commentary
  • Exclusive access to family/private investment office deal information
  • Exclusive interviews with principals and senior management of family/investment offices
SUBSCRIBE NOW

Premium+

£399

per year

  • Access to All of Premium
  • Access to all of FamilyCapital Analytics, our interactive database with more than 500 detailed profiles of family investment groups

More Info

SUBSCRIBE NOW

Already have an account? Login

You've reached the end.

Continue reading free articles by registering as a Member.
Or choose a Premium Plan.

Membership

Free

  • Exclusive reports, analysis and commentary
REGISTER NOW

Premium

£299

per year

  • Exclusive reports, analysis and commentary
  • Exclusive access to family/private investment office deal information
  • Exclusive interviews with principals and senior management of family/investment offices
SUBSCRIBE NOW

Premium+

£399

per year

  • Access to All of Premium
  • Access to all of FamilyCapital Analytics, our interactive database with more than 500 detailed profiles of family investment groups

More Info

SUBSCRIBE NOW

Already have an account? Login

Leave a Reply