Bain capital acquires Perpetual wealth management
Now Bain Capital, which had also earlier been looking at Perpetual Wealth Management, is in exclusive talks to buy the Perpetual unit. Sources say it is working hard on completing a deal.
Company lists
Investment management, wealth management, investment banking, SME loans, listed and more: the companies building asset management in Kolkata, West Bengal, with their founders, funding, team size and business models.
Funding, M&A, contract wins and launches involving 2,132 asset management companies in India, last 24 months: 134 M&A deals · 25 funding rounds · 15 launches · 12 Contracts. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.
Now Bain Capital, which had also earlier been looking at Perpetual Wealth Management, is in exclusive talks to buy the Perpetual unit. Sources say it is working hard on completing a deal.
It has informed that the Reserve Bank of India has granted approval to Mirae Asset Mutual Fund to acquire a stake of up to 9.5% in the bank's paid-up capital or voting rights.
Promoter Authum Investment & Infrastructure has acquired 3.11 lakh shares (1.3 percent) in Prataap Snacks for Rs 31.26 crore at Rs 1,004.38 per share.
Aditya Birla Capital has raised Rs 200 crore through allotment of Non-Convertible Debentures (NCDs) on private placement basis.
When a 15% stake sale to 360 One implied valuation of 3,000 crore, or about 1.1 times the embedded value (EV).
Sundaram Finance Limited has successfully completed the amalgamation of its wholly-owned subsidiary, Capitalgate Investment Advisors Private Limited (CGIA), with Sundaram Alternate…
Aditya Birla Capital Limited, has introduced ‘LeadHerShip’, a women-to-women mentorship and incubation initiative under its flagship fintech engagement platform, InFiniTe.
Nippon India Mutual Fund bought 5.8 lakh shares totaling up to Rs 26.7 crore
Edelweiss mutual fund acquired 10.8 lakh shares aggregating approximately up to Rs 50 crore
Global real estate advisory firm Savills has acquired majority stake in Hotelivate, a leading hospitality advisory firm with presence across South Asia, at an undisclosed amount.
In addition to the NCD issuance, the board also approved a scheme of amalgamation involving Piramal Finance Limited and its wholly-owned subsidiaries: Piramal Corporate Tower Private…
In addition to the NCD issuance, the board also approved a scheme of amalgamation involving Piramal Finance Limited and its wholly-owned subsidiaries: Piramal Corporate Tower Private…
The mutual fund acquired 30,00,000 shares of Wakefit Innovations through open market transactions, representing 0.91% of the company's total share capital.
Mumbai : One Point One Solutions Limited (NSE: ONEPOINT), a leading provider of technology-enabled Business Process Management (BPM) and customer experience operations, today announced…
Shares of Urban Company surged over 13 per cent on the exchanges on Wednesday after SBI Mutual Fund has acquired nearly a 4 per cent stake for Rs 632 crore.
The mutual fund acquired shares in Omnitech Engineering Limited on March 04, 2026, with the formal disclosure made on March 06, 2026.
According to exchange filings, Motilal Oswal Financial Services acquired 3.5 lakh shares of Zelio E-Mobility, representing a 1.65 percent stake, at a price of ₹280 per share.
Edelweiss Financial Services Limited, on March 2, 2026, announced a Rupees 3,500 million public issue of secured redeemable non‑convertible debentures.
The Government of Singapore and HDFC Mutual Fund acquired promoter stakes worth Rs 1,485 crore and Rs 1,100 crore, respectively, in Vishal Mega Mart through separate bulk deals on Friday.
Central Bank of India has entered into a distribution agreement with Canara Robeco AMC Limited to offer its mutual fund products to customers
The disclosure, dated February 23, 2026, indicates that Invesco's aggregate holding reached 5.0273% of Global Health Limited's paid-up share capital as of the close of business hours on…
Federal Bank: The Reserve Bank of India has approved ICICI Prudential Asset Management Company, along with ICICI Bank group entities, to acquire up to a 9.95% stake in Federal Bank.
Tata Mutual Fund picked up shares worth Rs 50 crore
Kotak Mahindra Asset Management Company has rolled out an agentic, context-driven AI research platform from Pascal AI to enhance and scale its institutional investment research operations,
Ashika Group, a diversified financial services group with a strong presence across capital markets and advisory services, has announced the amalgamation of the Equity Capital Markets…
UTI Mutual Fund has launched VAANI, a voice-first, human-like AI agent designed to transform contact centre operations and enhance investor experience.
KSA’s Jada Fund of Funds Signs Agreement with Alpha Capital to Invest in Food & Beverage SMEs Growth-stage SMEs in the food and beverage sector are the target of a new agreement signed…
SBI Mutual Fund has risen its stake in United Breweries to over 5% by acquiring an extra 60,683 shares on February 1, 2026.
Mizuho Securities took a majority stake in Avendus
Groww Asset Management, backed by State Street Investment Management, and Edelweiss Asset Management have each submitted bids for PGIM India Asset Management, the unnamed sources said.
Browse asset management companies in Kolkata by reported revenue, one-year revenue growth, revenue model, age and stage. The 22 companies below are the largest by their most recent reported revenue among 22 asset management companies in Kolkata, West Bengal that have filed a figure in the last four years. Every figure keeps its own reporting period, so compare periods before comparing amounts.

Funds on fund focused on multiple sectors
Asset management₹127.10 cr in FY23-24 · net ₹16.22 cr · +58% since FY2017
Filed standalone accounts · Trust Capital Services (India) Private Limited
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Proprietary trading firm trading in equity, interest rate futures, commodity, and currency
Asset management₹365.40 cr in FY24-25 · net ₹190.39 cr · +5421% since FY2015
Filed standalone accounts · Vt Capital Market Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of investment management and financing services
Asset management₹278.65 cr in FY22-23 · net ₹245.93 cr · +878% since FY2016
Filed consolidated accounts · Pilani Investment And Industries Corporation LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of investment, corporate & infrastructure finanacing services
Consumer and sme loans₹202.00 cr in FY24-25 · net ₹5.33 cr · +560% since FY2018
Filed standalone accounts · Arnold Holdings LtdEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of investment and loans services to SMEs
Asset managementEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Investment banking and wealth management firm
Asset management₹105.42 cr in FY24-25 · net ₹6.59 cr · +387% since FY2018
Filed standalone accounts · Sumedha Fiscal Services LtdEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Corporate advisory & wealth management firm
Asset management₹27.16 cr in FY24-25 · net ₹8.96 cr · +159% since FY2018
Filed standalone accounts · Patni Financial Services Pvt LtdEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Provider of investment management services
Asset management₹52.96 cr in FY24-25 · net ₹1.36 cr · +123% since FY2018
Filed standalone accounts · Consortium Capital Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Investment management firm
Asset management₹29.07 cr in FY23-24 · net ₹33.84 cr · +60% since FY2016
Filed consolidated accounts · Naga Dhunseri Group Ltd.Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Wholesaler of sarees
Asset management₹8.70 cr in FY24-25 · net ₹6.34 cr · -44% since FY2018
Filed standalone accounts · Balgopal Commercial LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of wealth management services
Asset management₹25.28 cr in FY22-23 · net ₹1.82 cr · +80% since FY2017
Filed standalone accounts · Acumen Technical Advisory Private Limited

Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Diversified investment management firm
Asset management₹28.64 cr in FY24-25 · net −₹57.28 lakh · +3147% since FY2018
Filed standalone accounts · Golechha Global Finance LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Diversified investment management firm
Asset management₹20.80 cr in FY24-25 · net ₹12.25 lakh · -90% since FY2018
Filed standalone accounts · Sks Capital & Research Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of securities trading and corporate advisory services
Asset management₹22.96 cr in FY24-25 · net ₹5.52 cr · +112% since FY2018
Filed standalone accounts · Peerless Securities Ltd (matched by legal name)Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Investment management firm
Asset management₹3.18 cr in FY21-22 · net −₹1.30 cr · +250% since FY2015
Filed standalone accounts · Shivom Investment & Consultancy LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of financial advisory services
Asset management₹2.87 cr in FY24-25 · net ₹57.41 lakh · +489% since FY2019
Filed standalone accounts · Nuedge Corporate Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provides wealth management, pension planning, and other services
Asset management₹2.44 cr in FY24-25 · net ₹30.50 lakh · -67% since FY2018
Filed standalone accounts · Ontrust Capital Markets Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of investment management and advisory services
Asset management₹99.08 lakh in FY21-22 · net ₹4.90 lakh · +14402% since FY2021
Filed standalone accounts · Francom Ventures (Opc) Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Financial advisors firm
Asset management₹1.02 cr in FY24-25 · net −₹0.78 lakh · +199% since FY2018
Filed standalone accounts · Samriddhi Investment Services Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of wealth management and financial planning services
Asset management₹96.40 lakh in FY24-25 · net ₹4.51 lakh · +6% since FY2018
Filed standalone accounts · Welcon Financials Private Limited
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Diversified asset management firm
Asset management₹25.80 lakh in FY24-25 · net ₹0.43 lakh · +126% since FY2022
Filed standalone accounts · Journey2Wealth Financial Services Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of wealth management, investment banking, and portfolio management services
Asset management₹17.63 lakh in FY24-25 · net −₹1.65 lakh · +1439% since FY2022
Filed standalone accounts · Finclock Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
No matching company in this list.
This page shows the top 22. Radar has the complete, filterable list with contacts and live company signals.
Open asset management in Kolkata on RadarFind top asset management companies in Kolkata, including investment managers, wealth management firms and fund houses. See asset management startups in Kolkata, listed asset management companies and firms that are hiring.
Firms that manage investments, funds of funds and mutual funds.

Investment management firm
Asset management
Funds on fund focused on multiple sectors
Asset management
Proprietary trading firm trading in equity, interest rate futures, commodity, and currency
Asset management
Provider of investment management and financing services
Asset management
Provider of investment, corporate & infrastructure finanacing services
Consumer and sme loansAdvisors who help individuals with wealth management and financial planning.

Provider of wealth management and financial planning services
Asset managementProvider of portfolio management and financial planning services.
Services for investment industry
Provider of wealth management services
Asset management
Provider of financial advisory services
Asset managementProvider of financial advisory services
Asset managementInvestment banks, brokers and trading platforms.

Proprietary trading firm trading in equity, interest rate futures, commodity, and currency
Asset management
Investment banking and wealth management firm
Asset management
Corporate advisory & wealth management firm
Asset management
Provider of debt syndication and financial advisory services
Asset management
Provider of securities trading and corporate advisory services
Asset managementCompanies offering consumer and SME loans alongside investment services.

Provider of investment management and financing services
Asset management
Provider of investment and loans services to SMEs
Asset management
Provider of investment services dealing in shares and securities
Asset managementProvider of diversified investment management and SME loan financing services
Asset management
Provider of investment, corporate & infrastructure finanacing services
Consumer and sme loansPublicly listed asset management and investment companies based in Kolkata.

Investment management firm
Asset management
Provider of investment management and financing services
Asset management
Provider of investment, corporate & infrastructure finanacing services
Consumer and sme loans
Provider of investment and loans services to SMEs
Asset management
Investment banking and wealth management firm
Asset managementNewer asset management companies founded in recent years.

Provider of wealth management, investment banking, and portfolio management services
Asset management
Provider of debt syndication and financial advisory services
Asset management
Provider of investment management services
Asset management
Provider of investment management services
Asset management
Provider of investment portfolios and wealth management solutions
Asset managementThe most-installed Android apps published by asset management companies headquartered in Kolkata — 28K installs between them. 12 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.
CIN U67120WB1995PLC067616filed accountsCIN U67120WB2017PTC223931Revenue, profit and growth from the filed annual accounts of 16 asset management companies in Kolkata, West Bengal for FY24-25 — 31 of the 81 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 87% of the revenue, so medians describe the typical company better than totals.
16 companies filing accounts
25.9% aggregate margin
13 of 16 companies
the typical company
into FY24-25
revenue concentration
The number of companies filing changes each year; the three-year cohort below compares like with like.
Companies with accounts for all three years, so growth is not an artefact of who filed.
Companies by FY24-25 revenue. Bars show how many companies sit in each band.
16 companies with accounts for both years; median growth +11%.
The aggregate margin is pulled up by a few large filers; the median shows the typical company.
| Company | Growth | Revenue |
|---|---|---|
| Golechha GlobalGOLECHHA GLOBAL FINANCE LIMITED | +64% | ₹28.64 cr |
| Peerless SecuritiesPEERLESS SECURITIES LTD | +28% | ₹22.96 cr |
| Patni Financial ServicesPATNI FINANCIAL SERVICES PVT LTD | +13% | ₹27.16 cr |
| Sumedha Fiscal ServicesSUMEDHA FISCAL SERVICES LTD | +9% | ₹105.42 cr |
| VT CapitalVT CAPITAL MARKET PRIVATE LIMITED | +7% | ₹365.40 cr |
| Arnold Holdings LimitedARNOLD HOLDINGS LTD | -2% | ₹202.00 cr |
| Company | Margin | Revenue |
|---|---|---|
| VT CapitalVT CAPITAL MARKET PRIVATE LIMITED | 52.1% | ₹365.40 cr |
| Patni Financial ServicesPATNI FINANCIAL SERVICES PVT LTD | 33.0% | ₹27.16 cr |
| Peerless SecuritiesPEERLESS SECURITIES LTD | 24.0% | ₹22.96 cr |
| Sumedha Fiscal ServicesSUMEDHA FISCAL SERVICES LTD | 6.2% | ₹105.42 cr |
| Arnold Holdings LimitedARNOLD HOLDINGS LTD | 2.6% | ₹202.00 cr |
| Consortium CapitalCONSORTIUM CAPITAL PRIVATE LIMITED | 2.6% | ₹52.96 cr |
| Sub-sector | Companies | Revenue | Median revenue | Profitable | Margin |
|---|---|---|---|---|---|
| Asset management | 15 | ₹667.66 cr | ~₹20.8 cr | 80% | 32.9% |
| Company · legal entity | Revenue | Net result | Margin | Growth |
|---|---|---|---|---|
| VT CapitalVT CAPITAL MARKET PRIVATE LIMITED | ₹365.40 cr | ₹190.39 cr | 52.1% | +7% |
| Arnold Holdings LimitedARNOLD HOLDINGS LTD | ₹202.00 cr | ₹5.33 cr | 2.6% | -2% |
| Sumedha Fiscal ServicesSUMEDHA FISCAL SERVICES LTD | ₹105.42 cr | ₹6.59 cr | 6.2% | +9% |
| Consortium CapitalCONSORTIUM CAPITAL PRIVATE LIMITED | ₹52.96 cr | ₹1.36 cr | 2.6% | -39% |
| Golechha GlobalGOLECHHA GLOBAL FINANCE LIMITED | ₹28.64 cr | −₹57.28 lakh | -2.0% | +64% |
| SPASH AdvisorsSPASH ADVISORS PRIVATE LIMITED | ₹29.89 lakh | 1.1% | -10% | |
| Patni Financial ServicesPATNI FINANCIAL SERVICES PVT LTD | ₹27.16 cr | ₹8.96 cr | 33.0% | +13% |
| Peerless SecuritiesPEERLESS SECURITIES LTD | ₹22.96 cr | ₹5.52 cr | 24.0% | +28% |
| SKS Capital & ResearchSKS CAPITAL & RESEARCH PRIVATE LIMITED | ₹20.80 cr | ₹12.25 lakh | 0.6% | -6% |
| Balgopal CommercialBalgopal Commercial Limited | ₹8.70 cr | ₹6.34 cr | 72.8% | -70% |
Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.
The financials above are one chapter. The full asset management landscape of Kolkata maps the whole industry — every segment, the capital behind it, the talent market and where the next opportunities are.
The figures on this page come from Fliar’s company, funding and MCA filings data. Use it through the Investor Intelligence API and MCA financials feeds, or explore every company, filing and investor in Radar.
97 recorded equity rounds have gone to 2,132 asset management companies in India — how much, at which stage, into which sub-sectors, from whom, and how Kolkata compares. Debt, IPO and grant rounds are excluded.
US$78.65m
US$210.14m
52 rounds in India
last 24 months
Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2025, with US$156.48m across 12 rounds.
Equity rounds over the last five years, 85 asset management companies in Kolkata among 2,132 in India.
Each deal appears in the events strip at the top of the page.
Go deeper in the asset management landscape reports:
Consumer Goods Industry Landscape of Kolkata Edtech Industry Landscape of Kolkata Education Industry Landscape of KolkataMeet the people behind asset management companies in Kolkata. 21 of 81 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.
Asset management companies in Kolkata founded in the last four years, newest first.
Asset managementProvider of debt syndication and financial advisory services
Provider of investment management and financial planning services
Founders
Details not available
Provider of financial advisory and mutual fund management services
Founders
Details not available
Provider of mutual funds, portfolio management, and retirement planning services
Founders
Details not available
Asset managementProvider of investment management services
Founders
Details not available
Asset managementProvider of investment management services
Founders
Details not available
Asset managementProvider of financial planning solutions for wealth management
Founders
Details not available
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Companies with the most distinct news events in the last 24 months across the business press Fliar tracks.
Asset managementProvider of financial services for electric two-wheeler and other personal and business loans
Asset managementInvestment banking and wealth management firm
Founders
Details not available
Asset managementProvider of investment services dealing in shares and securities
Consumer and sme loansProvider of investment, corporate & infrastructure finanacing services
Founders
Details not available
Asset managementProvider of investment management and financing services
Asset managementInvestment management firm
Asset managementDiversified asset management firm
Asset managementInvestment management firm
Asset managementProvider of investment and loans services to SMEs
Founders
Details not available
Asset managementDiversified investment management firm
Asset managementDiversified investment management firm
Provider of diversified investment management and SME loan financing services
Founders
Details not available
₹3.84 cr in FY18-19 · net ₹2.68 lakh · +1797% since FY2015
Filed standalone accounts · Mangalam Industrial Finance LtdEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹105.42 cr in FY24-25 · net ₹6.59 cr · +387% since FY2018
Filed standalone accounts · Sumedha Fiscal Services LtdEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹1.21 cr in FY18-19 · net · -55% since FY2018
Filed standalone accounts · Virat Leasing LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹202.00 cr in FY24-25 · net ₹5.33 cr · +560% since FY2018
Filed standalone accounts · Arnold Holdings LtdEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹278.65 cr in FY22-23 · net ₹245.93 cr · +878% since FY2016
Filed consolidated accounts · Pilani Investment And Industries Corporation LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹246.59 cr in FY20-21 · net · +662% since FY2016
Filed consolidated accounts · Dhunseri Investments LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹39.27 cr in FY23-24 · net ₹1.06 cr · +269% since FY2015
Filed standalone accounts · Greencrest Financial Services Limited (matched by legal name)Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹29.07 cr in FY23-24 · net ₹33.84 cr · +60% since FY2016
Filed consolidated accounts · Naga Dhunseri Group Ltd.Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹28.64 cr in FY24-25 · net −₹57.28 lakh · +3147% since FY2018
Filed standalone accounts · Golechha Global Finance LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY18-19 · net ₹1.09 cr · +17% since FY2015
Filed standalone accounts · Dynamic Archistructures LtdEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹74.24 cr in FY18-19 · net · +58% since FY2016
Filed standalone accounts · Bengal & Assam Company LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
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