Singapore emerges as preferred destination for Indian family offices seeking direct overseas investments
Family offices in India have set up or are exploring Singapore entities as investments in technologically advanced sectors overseas become a growing area of interest.
Singapore is becoming an increasingly popular destination for Indian family offices seeking direct overseas investments, according to a recent article. This shift is taking place due to India's strict outward remittance ceiling, which has limited their access to global investment opportunities. Family offices are now forming entities in Singapore to gain greater access to these opportunities.
Mansi Verma, a senior correspondent for Mint, has been closely following the flow of capital and investment trends in India since 2022. Prior to joining Mint, she worked at Moneycontrol, where she focused on the startup and IT layoffs cycle, including reporting on Byju's during a critical phase of its unraveling. Mansi has built a strong understanding of edtech businesses and the structural challenges many unicorns face, as well as the flow of capital across VC and PE deals, exits, and IPO pipelines.
Sneha Shah, the editor for deals and startups at Mint, has been covering India's deals ecosystem for nearly two decades. She has worked with various publications, including The Economic Times, Financial Chronicle, VCCircle, and Mid-Day. Sneha's keen observations of India's startup ecosystem have led her to aspire to write a book chronicling some of the industry's most inspiring stories.
Written by urgent.news from Live Mint's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
