After a bruising “funding winter,” private markets have snapped back to life. Bain’s 2025 review shows that the PE/VC ecosystem attracted US $43 billion across roughly 1,600 deals, restoring India to the No. 2 spot in Asia-Pacific for both growth and buy-out funding. As of May 2025, India counted 122 unicorns worth more than US $363 billion, a strong sign of the ecosystem deepening.

The shift underpinning this resurgence is driven by Indian family offices, UHNIs and HNIs recognising the potential of private markets. But accessing private markets is challenging: deals in the space are relationship-driven, capacity-constrained, and subject to strict regulatory oversight. Moreover, investors need substantial resources and expertise to identify and select the best investment opportunities. This makes access to private markets complex and competitive.

One gateway to this space is to build an in-house team, which requires hiring investment professionals, due diligence for manager sele…