Last Mile Ventures
Original research and advisory frameworks developed through direct mandate experience. Governance, succession, capital architecture, and risk intelligence — translated into practitioner intelligence.
Descriptions are generalised and do not relate to any identifiable client. For informational purposes only.
Budget & Tax
February 2026
The Union Budget 2026-27 and the new Income Tax Act, 2025 reshape the operating landscape for Indian SFOs — with international financial centres, trust governance, and onshoring at the centre. An analysis of the key structural implications for multi-generational capital.
Read AnalysisCase Illustration
January 2026
A structured illustration of the governance and capital architecture challenges facing a large Indian family enterprise at a post-operator inflection point.
Read AnalysisFramework
December 2025
A four-phase framework for families managing the structural shift from operating assets to institutionalised investment holding companies.
Read FrameworkDecision Architecture
November 2025
Decisions fail not because of wrong data, but because the behavioural governance around the decision is poorly designed. A diagnostic framework for IC design and board deliberations.
Read FrameworkGovernance · SFO
November 2025
Periods of sustained market volatility are among the most instructive tests of family office governance. Decision protocols, information discipline, and scenario readiness under stress.
Read AnalysisSuccession · Governance
June 2025
Seven structural observations from advisory work across families at transitional inflection points — from passive ownership erosion to advisory overload and cross-border complexity.
Read AnalysisRisk Intelligence
June 2025
A framework for detecting where narrative and operational reality have begun to separate — drawn from venture and direct investment evaluations for family offices and institutional capital.
Read Framework