How do family offices and venture capital firms differ in evaluating early stage investments?
Case study of Premji Invest and Nexus Venture Capital

Vir Jatia

doi:10.46609/IJSSER.2026.v11i09.028

Title: How do family offices and venture capital firms differ in evaluating early stage investments? Case study of Premji Invest and Nexus Venture Capital
Authors: Vir Jatia
Journal: International Journal of Social Science and Economic Research (IJSSER) ISSN: 2455-8834 Volume: 11 Issue: 9 Publication Date: September 2026 DOI: 10.46609/IJSSER.2026.v11i09.028
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Vir Jatia Aditya Birla World Academy
MLA 8 Jatia, Vir. "How do family offices and venture capital firms differ in evaluating earlystage investments? Case study of Premji Invest and Nexus Venture Capital." Int. j. of Social Science and Economic Research, vol. 11, no. 9, Sept. 2026, pp. 4904-4915, doi.org/10.46609/IJSSER.2026.v11i09.028. Accessed Sept. 2026. APA 6 Jatia, V. (2026, September). How do family offices and venture capital firms differ in evaluating earlystage investments? Case study of Premji Invest and Nexus Venture Capital. Int. j. of Social Science and Economic Research, 11(9), 4904-4915. Retrieved from https://doi.org/10.46609/IJSSER.2026.v11i09.028 Chicago Jatia, Vir. "How do family offices and venture capital firms differ in evaluating earlystage investments? Case study of Premji Invest and Nexus Venture Capital." Int. j. of Social Science and Economic Research 11, no. 9 (September 2026), 4904-4915. Accessed September, 2026. https://doi.org/10.46609/IJSSER.2026.v11i09.028.
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ABSTRACT: Financing norms differ between venture capitalists and funding by family office. This paper analyses the legal and organisational shape of capital in the Indian financial startup ecosystem. Premji Invest, a family office and Nexus Venture Partners a representative venture capital firm are used in the study. The study looks at available investment data taken from IPO prospectuses stock exchange filings and financial news. It covers six portfolio companies: Lenskart, FirstCry and MedPlus for Premji Invest; Delhivery, Turtlemint and India Shelter Finance Corporation for Nexus. It tracks the extent of original funding, at which stage and the value of each investment decision at the time of exit. Both models were studied in the Indian context. Both systems of funding were minutely studied and compared. There was professionalism which entered the family office model especially after the 1990’s. Both models differ in terms of investment decision taking a place on the board and the timing of exit. It was found that the family office had a different set of parameters that they worked on and their exit in post cases was partial. On the other hand venture capital had a definitive time frame that they needed to complete their investment along with a time frame for exit.

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