The Finance Budget 2024's LTCG tax parity at 12.5% for all financial assets and angel tax elimination would promote family office investments in India's startup ecosystem. This should boost early-stage investments and exit opportunities.

Mumbai-based Aris Infra, a tech-driven construction material procurement platform, aims to raise ₹600-700 crore through an IPO. Backed by prominent investors, the company plans to file a draft prospectus next month.

In a grand real estate move, Bollywood's acclaimed actor, Manoj Bajpayee, alongside his wife Shabana Bajpayee, has made a significant investment in Mumbai's prime Oshiwara district.

Isprava Group, which manages Isprava and Lohono Stays, recently announced that it secured USD 130 million (about INR 987 crore) in an investment round headed by prominent family offices such Nadir Godrej and Burman.