Four Generations. One Standard.

The family's public record begins with Lala Kundan Lal Kapil — a prominent figure in late-colonial Delhi whose life's work sat at the intersection of surveying, land administration, and the early planning of the imperial capital.

His name is associated with the Survey of India, with the offices of land and development that governed the shaping of New Delhi, and with the early commercial formation of Connaught Place — the civic heart around which much of modern Delhi would grow.

He established a standard the family has carried since: discretion, precision, and a long view of the city.

The second generation carried the family's values forward with quiet authority. Where the first had founded, the second held.

Rajeshwar Lal Kapil preserved the standards of conduct, the relationships, and the institutional memory on which the next chapters would be built. The discipline of not breaking what works is itself a skill, and it is one the family learned here.

His chapter is deliberately quiet in the record — but nothing after it would have been possible without it.

The third generation was the builder. Deepak Kapil took what had been a Delhi legacy and extended it — across asset class and across geography — with a sustained, patient ambition that would define the next thirty years of the family's work.

Integrated townships. Hospitality. Malls and organised retail. Group housing. Long-held land positions. Commercial real estate operated through cycles. The work moved across seven Indian states and extended into the Asia-Pacific — always with the same posture: build it properly, hold it for long.

If the first generation founded a name and the second preserved it, the third made it material.

The fourth generation carries the family's capital into a global, multi-asset form. The work of real estate continues; alongside it sit listed equities across the US and Asia, private investments in founder-led companies, hospitality, strategic sectors, and a deliberate, understated use of technology in research.

Chiraag Kapil operates across KAPIL Trust, Munshot Capital and Anchi Ventures — at the intersection of AI, investing, and impact — and brings to the work experience spanning public markets, private equity, hospitality, venture investing, and the building of companies from the inside.

The task of this chapter is the one the family has always set itself: to receive the standard, to hold it, and to extend it into the form the next century will ask for.