InvestorQ : Is it true that wealthy Indians are investing heavily in technology start-ups?
Arusha Ray made post

Is it true that wealthy Indians are investing heavily in technology start-ups?

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6 months ago
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That is absolutely correct, if you go by the latest report prepared by Praxis Global Alliance. It is reported that ultra-high net worth investors in India with an average net worth of more than $30 million are expected to invested over $30 billion in Indian technology start-ups by 2025. India has around 10,000 UHNIs with combined wealth touching $700 billion by 2024. UHNIs have deep pockets and high risk appetite and have been active via family offices.
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