The rise of conviction investing in India’s private markets

India’s private capital ecosystem continues to evolve with confidence. Over the last few years, the private equity and venture capital landscape has shifted from momentum-led growth to a conviction-driven approach.

Even as global markets adjusted to uncertainty, India continued to move forward. Robust business fundamentals and sharper execution, together with favourable regulation and active domestic investors, have sustained this trajectory.

Family offices have increased their allocation to alternates following the tax change, which brought listed…