Single Family Office

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Modi Enterprises

Modi Enterprises traces its roots to 1933 when Rai Bahadur Gujarmal Modi established the initial sugarcane operation that grew into the broader Modi Group.

Modi Enterprises logo

Modi Enterprises

Modi Enterprises traces its roots to 1933 when Rai Bahadur Gujarmal Modi established the initial sugarcane operation that grew into the broader Modi Group. Bina Modi now serves as chairperson, with family members including Samir Modi and Charu Modi holding executive roles at operating subsidiaries such as Modicare and Godfrey Phillips India. The office allocates across private and public markets, real estate and philanthropy. Investment types include direct co-investments, SPVs, fund-of-funds vehicles and startup commitments. Geographic focus remains Asia, with sector exposure in digital health, agritech and healthcare services. Confirmed holdings center on the group's core companies rather than external named positions. Family members maintain memberships in YPO and historical leadership roles at FICCI and CACCI. The Modicare Foundation handles philanthropic activity. No dated operational events from the last 24 months appear in available records. Succession arrangements designate Ruchir Modi for one branch of the family trust.

General information

Firm type

Single Family Office

Year founded

1933

AUM

Undisclosed

Location

Region

Asia

Country

India

City

New Delhi

Corporate office

New Delhi, India

Principals

Bina Modi

Chairperson of Modi Enterprises

Altss tracks 5 additional named team members for this firm — including direct investment leads, IR, and operating principals not listed on the public website.

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Sector focus

Digital HealthAgriTech & FoodTechHealthcare Services

Frequently asked questions

Who chairs Modi Enterprises?

Bina Modi serves as chairperson. She oversees the single-family office that manages the Modi family's capital.

Where does the underlying wealth originate?

Wealth derives from the Modi Group's operations in cigarettes, agro-chemicals, direct selling, retail and hospitality. The group began with a sugarcane factory in 1933.

What investment structures does the office use?

The office uses direct co-investments, SPVs, fund-of-funds and startup commitments. No public AUM figures exist.

Which professional networks include family members?

Samir Modi belongs to YPO. K.K. Modi previously served as president of FICCI from 1997 to 1998 and of CACCI.

How is philanthropy separated from investment activity?

The Modicare Foundation conducts philanthropic work. It operates as a distinct vehicle from the investment office.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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