Family office · Curated list
Narotam Sekhsaria Family Office (NSFO)
Mumbai, Maharashtra
At a glance
- HQ / office
- Mumbai, Maharashtra (Nariman Point), with offices in London and Dubai
- Corpus (as reported)
- No current public AUM/net-worth figure; last Forbes listing was US$590M (2005, India #40) — pre-dating the family's staged sale of its Ambuja Cements promoter stake to Holcim (2006 onwards)
- Website
- sekhsaria.com
- Profile ↗
About
NSFO, founded in 2006 in Mumbai, manages the wealth of the Sekhsaria family across public markets, commodities, private equity and real estate, with core operating companies Radha Madhav Investments, Madhurima International and Satyanarayan Sekhsaria Pvt Ltd. Tracxn (June 2026) records 48 startup investments — 5 in the last 12 months — with 3 unicorns and 3 IPOs including Nykaa, InCred and PeopleStrong.
Investment focus
Primarily Series A/early-growth venture (Tracxn), alongside public markets, private equity, real estate and commodities books · Agritech and consumer brands, fintech/financial services, HR-tech/human capital, healthcare, drones/deeptech; diversified multi-asset mandate
Cheque size
Not disclosed; typically Series A/B co-investment cheques (recent: co-led Sid's Farm $10M Series A with Omnivore; participated in Foodstories $5.25M Series B, Jun 2026)
As compiled from public sources — verify with the investor.
SEBI registration
Not a SEBI AIF / offshore
Notable portfolio
Nykaa; InCred; PeopleStrong; DeHaat; Garuda Aerospace; Sid's Farm; Two Brothers Organic Farms; Foodstories
Team & organisation
Narotam Sekhsaria (co-founder and former MD/Chairman of Ambuja Cements, now Chairman Emeritus; Chairman, Narotam Sekhsaria Foundation)
One of India's most active family offices at Series A with heavy agritech exposure — portfolio company DeHaat runs one of the largest farmer networks across UP/Bihar — making it a realistic co-investor for UP agri, consumer and drone (Garuda Aerospace) opportunities.
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Frequently asked
- What does Narotam Sekhsaria Family Office (NSFO) invest in?
- Primarily Series A/early-growth venture (Tracxn), alongside public markets, private equity, real estate and commodities books · Agritech and consumer brands, fintech/financial services, HR-tech/human capital, healthcare, drones/deeptech; diversified multi-asset mandate
- What cheque size does Narotam Sekhsaria Family Office (NSFO) write?
- As compiled from public sources: Not disclosed; typically Series A/B co-investment cheques (recent: co-led Sid's Farm $10M Series A with Omnivore; participated in Foodstories $5.25M Series B, Jun 2026)
- How do I pitch Narotam Sekhsaria Family Office (NSFO) through iHub India?
- Create a free startup account, open a funding round, and send a structured pitch from this profile. If the investor accepts, contact details are shared and the conversation moves into a tracked deal room.
About this record
- ⚑ none (principal alive and active, b. 1950; note he exited Ambuja leadership — describe as Chairman Emeritus, not current chairman)
Compiled from public sources as of 2026-07. iHub India lists investors neutrally and does not endorse, rank, or verify investment terms — confirm all details directly with the investor before transacting.
Sources: https://www.sekhsaria.com/; https://tracxn.com/d/single-family-office/narotam-sekhsaria-family-office/__IRZ4-7vywmkTfXN0EavwnLblpYzQ6yV6keiDGoCnXmE; https://in.linkedin.com/company/narotam-sekhsaria-family-office1