Best Asset Management Companies in India
The 957 best Asset Management companies in India in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Aditya Birla Capital.
The best Asset Management companies in India, ranked by disclosed equity funding and recent funding momentum, sit inside a sector that earns real money at real scale. Across 806 validated filers, the combined revenue pool hits $20.1B, with a median company turning $447,921 and growing it at 26% year-on-year. That median growth figure is the one I keep coming back to. At the top, Sbi Funds Management Limited posts $296M in net income, 4,430 times the sector median, and Hdfc Asset Management Company Limited adds $135M more. As shown in 2014 research on institutional fund structures, scale advantages compound fast once an asset manager clears critical AUM thresholds. Aditya Birla Capital leads our 957-company India directory with $839M in disclosed funding, and Groww is reportedly bidding for Prudential's local asset management business, a signal that consolidation appetite here is real.
So what does the funding picture tell you beyond the headline number? Neo Asset Management, at $48M raised, was active enough to back Nobel Hygiene pre-IPO, putting capital to work in growth deals. The sector's $2.2B total disclosed funding across 957 firms averages out thin, but the distribution is anything but uniform. Biggest filers by revenue include Bengal & Assam Company Limited, which grew 729% year-on-year to $1.8B, a figure worth pausing on. No unicorns yet, but the underlying financials suggest the category is earning its way toward that conversation rather than funding its way there.
Ranked: Best Asset Management companies in India
| # | Company | Disclosed funding | Revenue | Revenue YoY | Employees | Founder | App-install YoY | Market signals (1y) | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Aditya Birla Capital Provider of loans, investments, insurance, UPI, and bill payment services 92Innovation top 8%Tech top 9%Funding top 11%Market top 17% All 12 signals ▾Innovationtop 8% Techtop 9% Fundingtop 11% Markettop 17% Producttop 26% Moattop 26% Newstop 29% Customerstop 30% Fin. healthtop 31% Talenttop 42% Growthbottom 49% Globalbottom 39% Innovation: 18 new-product events in 24 mo Tech: 100 technologies across 7/8 capability areas · Cloud: Amazon Alb, Amazon Cloudfront rank vs industry peers · Fliar Intelligence Index 92/100 | $839M | $4.8B FY2025 | +18% | 789 | Vishakha Mulye CEO | +21% | 57 signals ▲58% Earnings · New product · Leadership | — |
| 2 | Reliance Capital Financial services company | $213M | $3.0B FY2024 | +27% | 1,001 | Murlidhara Kadaba | — | 3 signals ▼92% Earnings · M&A | — |
| 3 | Piramal Capital & Housing Finance Provider of consumer, housing, and business loans | $30M | $811M FY2024 | — | 15,035 15,035 → 13,839 (-8%) · sector median +35% | Jairam Sridharan Chief Executive Officer | +55% | 32 signals ▲78% Leadership · M&A · Earnings | 2 awards |
| 4 | Avendus Corporate consultancy and advisory service provider | $175M | $183M FY2025 | +53% | 215 | Kaushal Aggarwal Co-Founder & Managing Director | — | 5 signals M&A | — |
| 5 | Rsp Finmart Services Provider of pension fund planning services | $101M | $181M FY2025 | +13% | 12,957 12,957 → 15,223 (+17%) · sector median +35% | Cephas Angre Founder/Ceo | +9% | 32 signals ▼35% Earnings · Leadership · M&A | — |
| 6 | Alpha Alternatives Provider of investment solutions | $43M | $136M FY2025 | +3% | 97 | Naresh Kothari Co-Founder & Managing Partner | — | — | 3 job openings · 1 launch |
| 7 | Prudent Provider of financial products and investment services | $138K | $134M FY2025 | +37% | 66 | Sanjay Shah Founder & MD | +16% | 4 signals ▼56% M&A · Earnings | 2 launchs · 2 awards |
| 8 | ASK Group Asset & wealth management platform | $125M | $132M FY2025 | -1% | 336 336 → 401 (+19%) · sector median +35% | Sameer Koticha Founder & Chairman | — | — | — |
| 9 | ASK Investment Managers Provider of discretionary portfolio management and alternative investment fund services | $125M | $132M FY2025 | -1% | 155 | Bharat Shah Co-Founder | — | — | — |
| 10 | Futures First Provider of derivative market analysis and training services | $4M | $88M FY2025 | -29% | 994 994 → 1,576 (+59%) · sector median +35% | Sunil Baijal Co-Founder | — | — | 1 job opening |
| 11 | InCred Capital Private debt firm | $37M | $66M FY2025 | +57% | 40 | Bhupinder Singh Co-Founder | — | — | — |
| 12 | IDFC Asset Management Company Provider of asset management services | $442K | $50M FY2021 | +20% | 586 586 → 494 (-16%) · sector median +35% | Vishal Kapoor CEO | — | — | — |
| 13 | Abans Investment Managers Diversified asset management firm | $1M | $28M FY2025 | +858% | 3 | Abhishek Bansal Founder & Managing Director | — | — | — |
| 14 | Spark Capital Provider of financial advisory, investment banking, and asset management solutions | $2M | $21M FY2025 | +166% | 147 147 → 242 (+65%) · sector median +35% | Thyagesh Baba Co-Founder & Non Executive Director | — | — | 1 partnership · 1 award |
| 15 | Client Associates Provider of private wealth management and family office advisory services | $991K | $21M FY2025 | +16% | 189 189 → 288 (+52%) · sector median +35% | Rohit Sarin Co-Founder | — | 5 signals ▲150% Leadership · Announcements | — |
| 16 | ValueQuest Provider of portfolio management services | $3M | $16M FY2025 | +63% | 70 70 → 121 (+73%) · sector median +35% | Ravi Dharamshi Co-Founder & CIO | — | 5 signals Fundraising · Leadership | — |
| 17 | Marcellus Investment Managers Provider of portfolio management and investment advisory services | $3M | $12M FY2025 | -31% | 95 95 → 98 (+3%) · sector median +35% | Nitesh Bhadani Co-Founder & Director | — | — | — |
| 18 | Neo Wealth Management Provider of wealth management and financial advisory services | $13M | $11M FY2025 | +52% | 226 | Hemant Daga Co-Founder & Co-CEO | — | — | — |
| 19 | Quantum Advisors Provider of investment advisory & research services | $18M | $9M FY2025 | -6% | 56 56 → 71 (+27%) · sector median +35% | Ajit Dayal Founder | — | — | 1 partnership |
| 20 | Neo Group Provider of wealth and asset management | $92M | $9M FY2025 | +66% | 170 | Puneet Jain Co-Founder & CIO & MD | — | — | — |
| 21 | Neo Asset Management Provider of alternative asset management solutions focusing on credit and fixed income | $48M | $9M FY2025 | +66% | 65 65 → 93 (+43%) · sector median +35% | Hemant Daga Co-Founder & CEO | — | — | — |
| 22 | Sanctum Provider of wealth management and financial advisory services | $37M | $9M FY2025 | +17% | 114 114 → 140 (+23%) · sector median +35% | Neeraj Sirur Co-Founder & Chief Operating Officer | — | — | — |
| 23 | Waterfield Advisors Provider of wealth management and financial advisory strategic consulting services | $14M | $7M FY2025 | +32% | 28 | Allison Rodricks Executive Assistant To Founder & Ceo | — | — | — |
| 24 | JUNO Provider of ERP solutions for educational institutions 50Moat top 23%Fin. health top 29%Growth top 38%Market top 44% All 8 signals ▾Moattop 23% Fin. healthtop 29% Growthtop 38% Markettop 44% Productbottom 45% Techbottom 39% Fundingbottom 36% Globalbottom 30% Moat: Top 8% by revenue among 1004 tracked K-12 EdTech companies · Editorial + unicorn rating 5/10 Fin. health: Revenue ~$3.2M (FY2024) · Net margin 29.3% rank vs industry peers · Fliar Intelligence Index 50/100 | $4M | $3M FY2025 | +34% | 66 | — | +38% | — | — |
| 25 | Basiz Provider of KPO financial services | $2M | $3M FY2025 | +11% | 93 93 → 139 (+49%) · sector median +35% | A Seshadrinathan CEO & MD | — | — | — |
| 26 | Alpha Capital Multi-family office | $2M | $2M FY2025 | +19% | 20 | Gitanjali Raju Mahtaney | — | — | — |
| 27 | Quadeye Provider of financial advisory services | $257K | $1M FY2025 | +152% | 1 | Akhilesh Chaudhary CEO | — | — | — |
| 28 | Entrust Family Office Multi Family Office | $6M | $941K FY2025 | +24% | 7 | Sreepriya Sivaraman Co-Founder & CEO | — | — | 1 job opening |
| 29 | Complete Circle Capital Provider of financial planning and wealth management services for individuals and NRIs | $3M | $844K FY2025 | — | — | Gurmeet Chadha Co-Founder | — | — | — |
| 30 | Cervin Family Office & Advisors Provider of family office advisory services | $1M | $839K FY2025 | +56% | — | Rohit Karkera Co-Founder & Head - Investments | — | — | — |
| 31 | Credent Global Diversified asset management and capital raising advisory firm focused on real estate and multiple sectors | $140K | $817K FY2025 | +44% | — | Mohit Chheda Co-Founder & Board of Director | — | — | — |
| 32 | FinIdeas Provider of wealth management services | $134K | $765K FY2025 | +58% | — | Udipth Talera Co-Founder & Managing Director | — | — | — |
| 33 | Ayan Analytics Provider of investment management and financial services | $686K | $591K FY2025 | +46% | — | Mahesh Gowande Founder | — | — | — |
| 34 | MaxiomWealth Investment advisory firm providing clean and unbiased equity portfolios to help individuals achieve financial… | $200K | $316K FY2025 | +31% | — | Ram Medury Founder & CEO | — | — | — |
| 35 | Integrow Asset Ma gement Asset management fim | $3M | $215K FY2025 | -54% | 21 21 → 24 (+14%) · sector median +35% | Ramashrya Yadav Founder & Chief Executive Officer | — | — | — |
| 36 | PrimeInvestor Provider of portfolio management services for stocks and mutual funds | $2M | $163K FY2025 | +21% | — | Aarati Krishnan Co-Founder & Head of Advisory | — | — | — |
| 37 | Flameback Provider of algorithm-based investment portfolios tailored to individual financial goals | $204K | $46K FY2025 | +84% | — | Kishan Nair Founder & Director | — | — | 1 job opening |
| 38 | Moneyfront Online platform to invest in direct mutual funds | $160K | $23K FY2025 | +49% | — | Anil Bang Co-Founder | — | — | — |
| 39 | SALT Offering various services, including workshops, coaching, and consulting, focused on personal and… | $3M | $20K FY2025 | -70% | 13 | Aditi Sholapurkar Co-Founder | — | — | — |
| 40 | TKN Advisors Diversified investment management firm | $453K | $17K FY2025 | -93% | — | Tak Lee Founder & Managing Director | — | — | — |
| 41 | IamWire Niche digital news content related to business, technology & culture | $102K | $11K FY2017 | +74% | 11 | Neha Garg Co-Founder | — | — | — |
| 42 | Xponents Investment management solutions for businesses and startups | $2M | — | — | 5 | Ratish Pandey Co-Founder | — | — | — |
| 43 | Coheron Wealth Provider of wealth management strategies, solutions, and research for financial clarity | $3M | — | — | — | Raman BV Founder & CEO | — | — | — |
| 44 | Ardeko Financial advisory firm providing research-driven support to money managers, offering expertise in project… | $578K | — | — | — | Devam Modi Founder | — | — | — |
| 45 | White Oak Provider of investment management & advisory services | $10M | — | — | 7 | Prashant Khemka Founder | — | — | — |
| 46 | PCR Investments Provider of business investment services | $145M | — | — | — | Subramanian General Manager | — | — | — |
| 47 | Mahindra Manulife Mutual Fund Company | $35M | — | — | — | Anthony Heredia CEO & Managing Director | +23% | — | — |
| 48 | Marwadi Shares and Finance Provider of financial advisory services | $19M | — | — | 667 667 → 1,008 (+51%) · sector median +35% | Sandeep Marwadi Co-Founder & Director | +15% | — | — |
| 49 | Karvy Financial service provider and wealth management firm | $33M | — | — | 2 | — | — | — | — |
| 50 | MO Alternate Investment Advisors Venture capital fund investing in consumer brand startups | $28M | — | — | 5,001 7,927 → 15,054 (+90%) · sector median +35% | Vishal Tulsyan CEO & Managing Director | — | 55 signals ▲83% Earnings · Leadership · M&A | 1 partnership · 2 awards |
Top 12 Asset Management companies in India
#1
Series B · Mumbai, Maharashtra · founded 2021 · 170 employees$91.6Mraised▾
Provider of wealth and asset management. The company offers wealth management services, specialized intergenerational solutions, and bespoke solutions for global clients. It also provides asset management services as a private markets manager, delivering sustainable bespoke solutions across credit, equities, and real assets.
- Mar 2026PE$53.7M
- Nov 2025Series B$25M
- Aug 2025Series B$19M
- Feb 2025Series B$20M
#2
Public · Mumbai, Maharashtra · founded 2007 · 789 employees$838.6Mraised▾
Provider of loans, investments, insurance, UPI, and bill payment services. They offer housing, personal, SME, business, gold, and property loans. Investment options include mutual funds, stocks, securities, and fixed deposits. Insurance offerings cover life, health, motor, pocket, and travel needs. The company also provides UPI and bill payment solutions.
- Aug 2025Post IPO—
- Jan 2025Conventional Debt$95.9M
- Jun 2023Post IPO$366M
- Aug 2022Post IPO$83.1M
#3
Series B · Mumbai, Maharashtra · founded 2021 · 226 employees$12.7Mraised▾
Provider of wealth management and financial advisory services. It offers broking, depository participant, and investment advisory services. The company distributes non-broking products and services such as mutual funds. It provides a platform for investors to access information and resources related to the securities market.
- Aug 2025Series B$44.7M
- Jun 2025Angel$2.3M
- Feb 2025Series A$22M
- Sep 2024Series A$10M
#4
Series B · Mumbai, Maharashtra · founded 2011 · 28 employees$14.2Mraised▾
Provider of wealth management and financial advisory strategic consulting services. Services include investment planning, portfolio management, retirement planning, estate considerations, and financial decision support for individuals and institutions. Advisory offerings focus on evaluating financial goals, managing assets, and supporting informed long term planning through professional financial guidance.
- Feb 2025Series B$15M
- Jan 2022Series B$6M
- Dec 2019Series A$6M
- Mar 2014Series A$2.2M
#5
Series B · Mumbai, Maharashtra · founded 2021 · 65 employees$47.6Mraised▾
Provider of alternative asset management solutions focusing on credit and fixed income. It offers bespoke capital solutions to stabilize and grow companies, primarily catering to institutional investors. Investment strategies include private credit, core credit, and real assets, emphasizing long-term, risk-adjusted returns and capital preservation. A process-driven approach underpins investment decisions, leveraging deep market understanding to generate returns for clients. The firm's investment philosophy centers on identifying deep value opportunities with multiple layers of protection.
- Jul 2024Series B$3.8M
- Oct 2023Series B$35M
- Dec 2021Series A$6.8M
#6
Seed · Chennai, Tamil Nadu · founded 2019$2.3Mraised▾
Provider of portfolio management services for stocks and mutual funds. This entity manages investment portfolios across various asset classes including equities, debt, and exchange traded funds. It conducts research to inform investment decisions and provides tools for monitoring financial holdings. The service involves active management of client assets based on defined risk profiles and investment objectives. It offers strategies that combine different financial instruments to facilitate wealth management.
- Jul 2025Seed$2.1M
- Feb 2024Angel$180.8K
- Nov 2022Grant (prize money)—
#7
Seed · Mumbai, Maharashtra · founded 2010 · 70 employees$2.8Mraised▾
Provider of portfolio management services. It also offers investment research, financial advisory, mutual fund services, investment banking, trading, and asset management services.
- Jun 2025Angel$2.8M
#8
Seed · Delhi, Delhi · founded 2015$3Mraised▾
Provider of financial planning and wealth management services for individuals and NRIs. It offers services encompassing tax planning, investment management, and NRI-specific financial solutions. These services include assistance with retirement planning, goal-based investing, and managing NRE and NRO accounts. The firm also provides educational resources on financial literacy and investment strategies. Clients receive personalized guidance tailored to their individual financial needs and objectives.
- Jan 2025Angel$3M
#9
Seed · Mumbai, Maharashtra · founded 2023$2.9Mraised▾
Provider of wealth management strategies, solutions, and research for financial clarity. They offer wealth management solutions designed to align with long-term goals. The company delivers research insights that aim to go beyond basic financial data. They assist individuals, families, entrepreneurs, professionals, trusts, foundations, and charities with financial decisions.
- Jul 2024Angel$646.8K
- Oct 2023Seed$2.2M
#10
Acquired · Mumbai, Maharashtra · founded 1986 · 1001 employees$213.3Mraised▾
Reliance Capital is a financial services company and a subsidiary of the Reliance Group. Provides loans for commercial vehicles and construction equipment. Provides additional services such as insurance, asset management and asset reconstruction. Also provides financial products like mutual funds; life, general and health insurance; commercial & home finance; equities and commodities broking; wealth management services; distribution of financial products; asset reconstruction; proprietary investments and other activities in financial services.
- Apr 2020Post IPO$33.3M
- Mar 2016Post IPO$180M
#11
Seed · Ahmedabad, Gujarat · founded 2018$578.1Kraised▾
A SEBI registered investment advisor providing wealth and investment solutions for family offices, high-net-worth individuals, and businesses. They offer advisory services encompassing investment strategy, product selection, deployment, and review. Their services include family office advisory, focusing on balancing post-tax returns and risk; product advisory, covering equity, debt, and startup investments through various instruments; and investment advisory, involving in-depth research on projects, businesses, and sectors. The firm employs an advisory-only model, prioritizing client interests and transparency. They possess extensive experience in debt and equity research, working with major fund managers in the Indian market.
- Jan 2025Angel$578.1K
#12
Acquired · Mumbai, Maharashtra · founded 1999 · 215 employees$175.3Mraised▾
Corporate consultancy and advisory service provider. It provides investment across investment banking, institutional equities, wealth management, asset management. It offers credit solutions to entrepreneurs and corporates. The company helps clients manage their financial goals through its expertise in deal-making, investment strategies, and wealth creation.
- Jul 2018Series B$2.6M
- Nov 2017Series B$152M
- Jul 2008Series A$23.3M
- Mar 2008Unattributed$30.7K
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Asset Management coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
Common questions
Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.