The group said the collaboration will open up “significant opportunities” in India and bring access to a number of Indian family and corporate networks.

IndusView’s founder, Bundeep Singh Rangar, has a decade's experience of advising family-owned businesses on commercial opportunities, while Dalmia has over 15 years of industry experience across Asia, Europe and the US. He advises several Indian and global family offices and manages discretionary capital for them in India.

“India continues to shine in an otherwise cloudy global economy,” said Rangar, who is also chief executive of IndusView. 

“With a 7 per cent annual growth rate that’s the highest of any large economy, India’s $2 trillion economy continues to create a new generation of high net worth individuals. Rudra Dalmia and I will work with Oracle Capital to successfully expand and grow in this lucrative market.”

Oracle has made a number of expansion moves recently. Earlier this month, it boosted its expertise in the Middle East with the hire of Rakesh Naker as managing director and head of international business at its subsidiary Machlin OracleIt. Oracle has also added an accountancy and tax service to its offering for clients with personal or corporate interests in the UK. Oracle's chief financial officer, Rosie Chalmers, who is also a UK chartered certified accountant, will lead the service. It will cover a range of sectors from immigration and start-up businesses through to wealth and asset structuring. The division will be regulated by the Association of Chartered Certified Accountants. The corporate spectrum, available to the firm's high net worth clientèle, includes corporate tax planning, annual account preparation, company secretarial services, payroll and VAT returns.

The launch follows the opening of the multi-family office and wealth consultancy's legal advisory service last year. For more on that story, click here.