India’s wealthiest family offices are pouring significant capital into homegrown artificial intelligence startups, seeking to position the country in the global AI race dominated by US and Chinese firms. At least six Indian AI startups have achieved unicorn status with valuations exceeding one billion dollars. Investments in deeptech ventures surged from $15.3 million in 2020 to $467.1 million in 2025, representing approximately a thirtyfold increase over five years. The number of family offices in India grew from 45 in 2018 to more than 300 in 2024-2025, collectively managing between $30 billion and $35 billion in assets.
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