2018 saw the corporate governance heat being turned on by regulators, shareholders and investors. Result: several large companies were compelled to disclose more than they were planning to, with promoters and managements reaching out to investors to explain their stand.
Succession planning is a major challenge for most companies. A recent study by Deloitte Insights (DI) found that although 86% of the leaders they surveyed thought succession planning was urgent or important, only 14% felt they did it well. Succession planning is a thorny problem because it can involve emotion and apprehension, unlike other business planning activities.
The Indian startup ecosystem is blooming. Interesting ideas, head spinning innovation, sustainable business and lately some high profile exits has helped the country gain attention from all sorts of investors. One such line of investors is the family offices. Apart from real estate, public equity, luxury items, etc. family offices in recent times have shown a very keen interest in startups.