On June 25th, the Grand Hyatt Mumbai transformed into a vibrant hub of dialogue, insight, and celebration as India’s most respected family business leaders, next-generation successors, and visionary advisors came together. Spark Capital Private Wealth Management presents ET NOW Family Business Excellence Summit & Awards 2025, powered by K Raheja Corp Homes, was more than an event—it was a testament to the spirit of enterprises built on resilience, purpose, and a commitment to shaping the future.
More than an event, the platform was a powerful confluence of ideas, recognition, and inspiration—offering rare, unfiltered perspectives on what it truly means to lead with purpose.
What the Summit Was About
At its core, the gathering explored how India’s family-led enterprises can honour tradition while embracing transformation. In an era reshaped by disruption and opportunity, leaders reflected on what it takes to preserve values while driving innovation. The conversations delved into the nuances of succession, professionalization, and purpose-driven growth, reminding everyone that legacy isn’t static—it’s a living story, continuously redefined by each generation. It was an environment where candour met aspiration, and where the personal journeys behind enduring success took centre stage.
Experiences That Defined the Day
Founder and Successor Dialogues
One of the most engaging moments was inviting founders to share what ignited the fire that started it all—while their next generation spoke about how they plan to carry that legacy forward. This candid exchange of dreams, ambitions, and perspectives reflected the summit’s spirit of intergenerational learning.
The Legacy Portrait Zone
A dedicated photoshoot area became a focal point for capturing the faces behind India’s most influential family businesses—an archive of legacy, pride, and vision.
Insightful Keynotes and Panels
From strategy and succession to governance and innovation, the sessions offered actionable perspectives to every attendee.
The Felicitation Ceremony
The day culminated in the Family Business Excellence Awards, honouring enterprises that continue to shape India’s economic and cultural landscape.
Voices That Lit Up the Stage
Jackky Bhagnani, Co-owner and Creative Producer, Pooja Entertainment
“When I think of my father and the legacy he’s built, I know the shoes are big to fill. I aspire to transform our promoter-led company into a more democratic organization.”
Ektaa Kapoor, Joint MD, Balaji Telefilms Ltd.
“Legacy shouldn’t be tied to bloodline. It’s a path meant to be earned and carried forward by those who are truly deserving.”
Dipali Goenka, CEO & MD, Welspun Living, in conversation with Anandorup Ghose, Partner, Deloitte India
“In a male-dominated industry, I had to lead with resilience. My advice to women: know your subject thoroughly. Mastery and confidence are the strongest foundations for success.”
Dr. Ram Charan, Global Business and Leadership Consultant
“As family businesses grow, there’s a need to move from being solely family-driven to more institutionally managed—without losing the essence of legacy.”
Harsh Mariwala, Founder & Chairman, Marico
“Alignment is the foundation for transformation. Without clarity and trust, progress can stall.”
Dr. Niranjan Hiranandani, Founder & Chairman, Hiranandani Group
“AI is here to stay. But ultimately, what you leave behind is more than wealth—it’s a legacy of values and reputation.”
Arpita Vinay, Senior MD & Co-CEO, Spark Capital PWM
“Legacy isn’t just something you inherit—it’s something you earn. The most resilient businesses embrace change with stewardship.”
Rahul Lohia, MD, Lohia Group
“Once the support system trusts you, everything starts to align—and that’s when real, unified growth begins.”
Amruda Nair, Founder & Director, Araiya Hotels & Resorts
“Change—and the willingness to accept it—is the only way forward.”
Dr. Thomas Mathew, Author & Strategist
“Ratan Tata believed that business should make life better, not just for shareholders, but for society.”
A Day That Honoured the Past and Inspired the Future
From engaging dialogues to an atmosphere charged with purpose, the gathering became a celebration of the spirit that defines India’s family enterprises—a blend of resilience, vision, and the drive to keep evolving.
As we look ahead, the insights and connections forged throughout this experience will continue to inspire businesses to lead with clarity, adapt with courage, and build legacies that endure.
We look forward to welcoming you to the next edition, where new ideas will take shape, fresh voices will join the conversation, and the story of India’s most respected family businesses will continue to unfold.
