Company lists
The Kolkata edition · 2026

Asset managementcompanies in Kolkata

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.

81 company profiles22 with reported revenue1 with recorded fundingOctober 2026 edition
Kolkata · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent asset management business events in India

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.

M&AAcquisition · Pending

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.

Wealth management
M&AAcquisition · Announced

Mirae asset mutual fund acquires Equitas small finance bank

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.

Banking
M&AAcquisition · Completed

Authum investment & infrastructure acquires Prataap Snacks

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.

Snack food manufacturer
FundingPrivate Placement NCD

Aditya birla capital

Aditya Birla Capital has raised Rs 200 crore through allotment of Non-Convertible Debentures (NCDs) on private placement basis.

Investors Na
Financial services
M&AAcquisition · Announced

360 one acquires Bharti Group

When a 15% stake sale to 360 One implied valuation of 3,000 crore, or about 1.1 times the embedded value (EV).

Insurance
M&AMerger · Completed

Sundaram Alternate Assets acquires Capitalgate Investment Advisors Private Limited (CGIA)

Sundaram Finance Limited has successfully completed the amalgamation of its wholly-owned subsidiary, Capitalgate Investment Advisors Private Limited (CGIA), with Sundaram Alternate…

Business and management consultancy services
LaunchLeadHerShip

Aditya birla capital

Aditya Birla Capital Limited, has introduced ‘LeadHerShip’, a women-to-women mentorship and incubation initiative under its flagship fintech engagement platform, InFiniTe.

Women entrepreneurship mentorship and incubation initiative
M&AAcquisition · Completed

Savills acquires Hotelivate

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.

Hospitality Advisory
M&AMerger · Announced

Piramal finance acquires Piramal Corporate Tower Private Limited

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…

M&AMerger · Announced

Piramal finance acquires DHFL Investments Limited

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…

M&AAcquisition · Completed

Hdfc mutual fund acquires Wakefit

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.

Mutual Fund
ContractService

One Point One Solutions Limited · client: Piramal finance

Mumbai : One Point One Solutions Limited (NSE: ONEPOINT), a leading provider of technology-enabled Business Process Management (BPM) and customer experience operations, today announced…

BFSI
M&AAcquisition · Completed

Sbi mutual fund acquires Urban company

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.

Mutual Fund
M&AAcquisition · Completed

Nippon india mutual fund acquires Omnitech engineering

The mutual fund acquired shares in Omnitech Engineering Limited on March 04, 2026, with the formal disclosure made on March 06, 2026.

Engineering
M&AAcquisition · Completed

Motilal oswal financial services acquires Zelio E-Mobility

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.

FundingPublic issue of secured redeemable non‑convertible debentures

Edelweiss financial services

Edelweiss Financial Services Limited, on March 2, 2026, announced a Rupees 3,500 million public issue of secured redeemable non‑convertible debentures.

Financial Services
M&AAcquisition · Announced

Hdfc mutual fund acquires Vishal mega mart

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.

Fashion-led hypermarket chain
ContractSupply

Canara robeco · client: Central bank of india

Central Bank of India has entered into a distribution agreement with Canara Robeco AMC Limited to offer its mutual fund products to customers

Financial Services
M&AAcquisition · Completed

Invesco mutual fund acquires Global health

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…

Healthcare
M&AAcquisition · Announced

Tata mutual fund acquires Ather energy

Tata Mutual Fund picked up shares worth Rs 50 crore

Electric Vehicles
LaunchPascal AI’s platform

Kotak Mahindra Asset Management Company

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,

AI research platform
M&AAcquisition · Announced

Ashika group acquires Mahaveera Capital Advisors LLP

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…

Capital Markets
LaunchVAANI

Uti mutual fund

UTI Mutual Fund has launched VAANI, a voice-first, human-like AI agent designed to transform contact centre operations and enhance investor experience.

Voice AI Agent
Contract

Alpha capital · client: Jada fund of funds

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…

Food & beverage
M&AAcquisition · Announced

Sbi mutual fund acquires United breweries

SBI Mutual Fund has risen its stake in United Breweries to over 5% by acquiring an extra 60,683 shares on February 1, 2026.

M&AAcquisition · Announced

Mizuho Securities acquires Avendus

Mizuho Securities took a majority stake in Avendus

M&AAcquisition · Announced

Edelweiss asset management acquires PGIM India Asset Management

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.

Asset Management

Asset management companies in Kolkata, by revenue

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.

Showing 22 of 22

Funds on fund focused on multiple sectors

Asset management
₹487.51 crFY 2023-24
-15%2023–2024
4LinkedIn · Jul 2026
10 yr2016
0none in 3 months

Proprietary trading firm trading in equity, interest rate futures, commodity, and currency

Asset management
₹365.40 crFY 2024-25
+7%2024–2025
33LinkedIn · Jul 2026
15 yr2011
0none in 3 months

Provider of investment management and financing services

Asset management
₹279.61 crFY 2022-23
Not reported
3+33% 12 mo to Mar 2024LinkedIn · Oct 2026
78 yr1948
—No postings tracked

Provider of investment, corporate & infrastructure finanacing services

Consumer and sme loans
₹202.00 crFY 2024-25
-2%2024–2025
18LinkedIn · Oct 2026
45 yr1981
0none in 3 months

Provider of investment and loans services to SMEs

Asset management
₹135.24 crFY 2021-22
Not reported
3+0% 12 mo to Mar 2023recorded Mar 2023
44 yr1982
—No postings tracked

Investment banking and wealth management firm

Asset management
₹106.20 crFY 2024-25
+10%2024–2025
76-7% 12 mo to Sep 2024LinkedIn · Oct 2026
37 yr1989
0none in 3 months

Corporate advisory & wealth management firm

Asset management
₹61.84 crFY 2024-25
-28%2024–2025
—Not available
30 yr1996
0none in 3 months

Provider of investment management services

Asset management
₹52.96 crFY 2024-25
-39%2024–2025
—Not available
22 yr2004
0none in 3 months

Investment management firm

Asset management
₹29.09 crFY 2023-24
Not reported
1+0% 12 mo to Sep 2024LinkedIn · Oct 2026
108 yr1918
—No postings tracked

Wholesaler of sarees

Asset management
₹28.84 crFY 2023-24
Not reported
—Not available
44 yr1982
—No postings tracked

Provider of wealth management services

Asset management
₹25.28 crFY 2022-23
Not reported
12LinkedIn · Jul 2026
13 yr2013
0none in 3 months

Diversified investment management firm

Asset management
₹22.27 crFY 2022-23
Not reported
6+0% 12 mo to Mar 2023recorded Mar 2023
35 yr1991
—No postings tracked

Diversified investment management firm

Asset management
₹20.80 crFY 2024-25
-6%2024–2025
16LinkedIn · Jul 2026
28 yr1998
0none in 3 months

Provider of securities trading and corporate advisory services

Asset management
₹10.68 crFY 2021-22
Not reported
179+9% 12 mo to Sep 2024LinkedIn · Jul 2026
31 yr1995
0none in 3 months

Investment management firm

Asset management
₹3.18 crFY 2021-22
-7%2021–2022
—Not available
36 yr1990
0none in 3 months

Provider of financial advisory services

Asset management
₹2.87 crFY 2024-25
+54%2024–2025
—Not available
9 yr2017
0none in 3 months

Provides wealth management, pension planning, and other services

Asset management
₹2.44 crFY 2024-25
+48%2024–2025
18LinkedIn · Jul 2026
16 yr2010
0none in 3 months · last posted Dec 2025

Provider of investment management and advisory services

Asset management
₹99.08 lakhFY 2021-22
+14402%2021–2022
7LinkedIn · Jul 2026
6 yr2020
0none in 3 months

Financial advisors firm

Asset management
₹1.02 crFY 2024-25
+30%2024–2025
9LinkedIn · Jul 2026
20 yr2006
0none in 3 months

Provider of wealth management and financial planning services

Asset management
₹96.40 lakhFY 2024-25
+75%2024–2025
47+93% 12 mo to Jul 2023LinkedIn · Jul 2026
11 yr2015
0none in 3 months

Diversified asset management firm

Asset management
₹25.80 lakhFY 2024-25
+36%2024–2025
3LinkedIn · Jul 2026
10 yr2016
0none in 3 months

Provider of wealth management, investment banking, and portfolio management services

Asset management
₹17.63 lakhFY 2024-25
-33%2024–2025
7LinkedIn · Jul 2026
5 yr2021
0none in 3 months
22 of 81 companies shown here · the full list is on Radar
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  • Every company, not just 50All 81 asset management companies in Kolkata, filterable by stage, funding, team size, revenue model and age.
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Explore asset management companies in Kolkata by what you are looking for

Find 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.

6 ways to explore asset management in Kolkata

Investment management & mutual fund companiesWealth management & financial advisory firmsInvestment banking, brokerage & trading firmsLoan & financing companies for SMEsListed asset management companies in KolkataAsset management startups in Kolkata

Investment management & mutual fund companies

Firms that manage investments, funds of funds and mutual funds.

  1. Dhunseri Investments

    Investment management firm

    Asset management
    Website
  2. Trust Capital

    Funds on fund focused on multiple sectors

    Asset management
    See in list
  3. VT Capital

    Proprietary trading firm trading in equity, interest rate futures, commodity, and currency

    Asset management
    See in list
  4. Pilani Investment And Industries Corporation

    Provider of investment management and financing services

    Asset management
    See in list
  5. Arnold Holdings Limited

    Provider of investment, corporate & infrastructure finanacing services

    Consumer and sme loans
    See in list

Wealth management & financial advisory firms

Advisors who help individuals with wealth management and financial planning.

  1. Welcon Financials

    Provider of wealth management and financial planning services

    Asset management
    See in list
  2. Adser Consultants

    Provider of portfolio management and financial planning services.

    Services for investment industry
    Website
  3. Accumen

    Provider of wealth management services

    Asset management
    See in list
  4. Nuedge Corporate

    Provider of financial advisory services

    Asset management
    See in list
  5. Fair Finance

    Provider of financial advisory services

    Asset management
    Website

Investment banking, brokerage & trading firms

Investment banks, brokers and trading platforms.

  1. VT Capital

    Proprietary trading firm trading in equity, interest rate futures, commodity, and currency

    Asset management
    See in list
  2. Sumedha Fiscal Services

    Investment banking and wealth management firm

    Asset management
    See in list
  3. Patni Financial Services

    Corporate advisory & wealth management firm

    Asset management
    See in list
  4. Leverestfin

    Provider of debt syndication and financial advisory services

    Asset management
    Website
  5. Peerless Securities

    Provider of securities trading and corporate advisory services

    Asset management
    See in list

Loan & financing companies for SMEs

Companies offering consumer and SME loans alongside investment services.

  1. Pilani Investment And Industries Corporation

    Provider of investment management and financing services

    Asset management
    See in list
  2. Easun Capital Markets

    Provider of investment and loans services to SMEs

    Asset management
    See in list
  3. Virat Leasing

    Provider of investment services dealing in shares and securities

    Asset management
    Website
  4. Bengal & Assam Company

    Provider of diversified investment management and SME loan financing services

    Asset management
    Website
  5. Arnold Holdings Limited

    Provider of investment, corporate & infrastructure finanacing services

    Consumer and sme loans
    See in list

Listed asset management companies in Kolkata

Publicly listed asset management and investment companies based in Kolkata.

  1. Dhunseri Investments

    Investment management firm

    Asset management
    Website
  2. Pilani Investment And Industries Corporation

    Provider of investment management and financing services

    Asset management
    See in list
  3. Arnold Holdings Limited

    Provider of investment, corporate & infrastructure finanacing services

    Consumer and sme loans
    See in list
  4. Easun Capital Markets

    Provider of investment and loans services to SMEs

    Asset management
    See in list
  5. Sumedha Fiscal Services

    Investment banking and wealth management firm

    Asset management
    See in list
16 companies in Kolkata

Asset management startups in Kolkata

Newer asset management companies founded in recent years.

  1. Finclock

    Provider of wealth management, investment banking, and portfolio management services

    Asset management
    See in list
  2. Leverestfin

    Provider of debt syndication and financial advisory services

    Asset management
    Website
  3. Clearview Capital

    Provider of investment management services

    Asset management
    Website
  4. Shree Rama Manag

    Provider of investment management services

    Asset management
    Website
  5. Investosaga

    Provider of investment portfolios and wealth management solutions

    Asset management
    Website
9 companies in Kolkata
Mobile reach

Top 10 asset management apps from Kolkata

The 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.

1 of 10
2

SMIFS ARTH: Stocks, MF, IPO

by SMIFS

Installs7K
Rating—
Last updatedApr 2026
View on Google Play ↗
SMIFS ARTH: Stocks, MF, IPO screenshot 1SMIFS ARTH: Stocks, MF, IPO screenshot 2SMIFS ARTH: Stocks, MF, IPO screenshot 3SMIFS ARTH: Stocks, MF, IPO screenshot 4SMIFS ARTH: Stocks, MF, IPO screenshot 5SMIFS ARTH: Stocks, MF, IPO screenshot 6
8

Vyana Wealth

by Vyana

Installs642
Rating—
Last updatedMay 2026
View on Google Play ↗
Vyana Wealth screenshot 1
The business behind the activity

Asset management financials in Kolkata

Revenue, 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.

combined revenue, FY24-25₹869.66 cr

16 companies filing accounts

combined net profit₹225.24 cr

25.9% aggregate margin

are profitable81%

13 of 16 companies

median revenue~₹21.9 cr

the typical company

median revenue growth+11%

into FY24-25

earned by the top five87%

revenue concentration

Six-year view

Combined revenue of filing companies

₹507.44 crFY19-2019 filers
₹669.90 crFY20-2119 filers
₹998.66 crFY21-2222 filers
₹798.96 crFY22-2321 filers
₹1,072.48 crFY23-2420 filers
₹869.66 crFY24-2516 filers

The number of companies filing changes each year; the three-year cohort below compares like with like.

Like-for-like

The same 16 companies over three years

+44%
FY22-23₹602.24 cr₹111.05 cr net
FY23-24₹878.02 cr₹292.08 cr net
FY24-25₹869.66 cr₹225.24 cr net

Companies with accounts for all three years, so growth is not an artefact of who filed.

Scale and profit

Bigger companies are far more often profitable

Under ₹1 cr367% profitable
₹1–10 cr475% profitable
₹10–100 cr683% profitable
₹100–1,000 cr3100% profitable
Over ₹1,000 cr0—

Companies by FY24-25 revenue. Bars show how many companies sit in each band.

Momentum

How fast revenue moved into FY24-25

Shrinking6
0–20%3
20–50%4
50–100%3
Doubled+0

16 companies with accounts for both years; median growth +11%.

Profitability

Profit is concentrated at the top

13profitable
3loss-making
25.9%aggregate margin
3.7%median margin

The aggregate margin is pulled up by a few large filers; the median shows the typical company.

Growth leaders · ₹10 cr+ revenue

Fastest growing, FY24-25

CompanyGrowthRevenue
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
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
VT CapitalVT CAPITAL MARKET PRIVATE LIMITED52.1%₹365.40 cr
Patni Financial ServicesPATNI FINANCIAL SERVICES PVT LTD33.0%₹27.16 cr
Peerless SecuritiesPEERLESS SECURITIES LTD24.0%₹22.96 cr
Sumedha Fiscal ServicesSUMEDHA FISCAL SERVICES LTD6.2%₹105.42 cr
Arnold Holdings LimitedARNOLD HOLDINGS LTD2.6%₹202.00 cr
Consortium CapitalCONSORTIUM CAPITAL PRIVATE LIMITED2.6%₹52.96 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Asset management15₹667.66 cr~₹20.8 cr80%32.9%
Leaders

Largest asset management companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
VT CapitalVT CAPITAL MARKET PRIVATE LIMITED₹365.40 cr₹190.39 cr52.1%+7%
Arnold Holdings LimitedARNOLD HOLDINGS LTD₹202.00 cr₹5.33 cr2.6%-2%
Sumedha Fiscal ServicesSUMEDHA FISCAL SERVICES LTD₹105.42 cr₹6.59 cr6.2%+9%
Consortium CapitalCONSORTIUM CAPITAL PRIVATE LIMITED₹52.96 cr₹1.36 cr2.6%-39%
Golechha GlobalGOLECHHA GLOBAL FINANCE LIMITED₹28.64 cr−₹57.28 lakh-2.0%+64%
SPASH AdvisorsSPASH ADVISORS PRIVATE LIMITED₹29.89 lakh1.1%-10%
Patni Financial ServicesPATNI FINANCIAL SERVICES PVT LTD₹27.16 cr₹8.96 cr33.0%+13%
Peerless SecuritiesPEERLESS SECURITIES LTD₹22.96 cr₹5.52 cr24.0%+28%
SKS Capital & ResearchSKS CAPITAL & RESEARCH PRIVATE LIMITED₹20.80 cr₹12.25 lakh0.6%-6%
Balgopal CommercialBalgopal Commercial Limited₹8.70 cr₹6.34 cr72.8%-70%
Some figures are available to Radar members.Log in to Radar to see every figure

Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.

Industry landscape report

Consumer Goods Industry Landscape of Kolkata

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.

  • Market map of every sub-sector
  • Funding & company formation by year
  • Revenue, profit & financial strength
  • Digital footprint: traffic, apps, releases
  • Hiring, skills & pay
  • Founders & leaders
  • News & sentiment
  • Where demand runs ahead of supply
Read the asset management landscape of Kolkata
For investors and data teams

Put this intelligence into your own tools

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.

Capital & corporate activity

Asset management funding and M&A across India

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.

equity rounds, last 12 months3

US$78.65m

equity rounds, last 24 months13

US$210.14m

raised over five yearsUS$510.83m

52 rounds in India

M&A deals, India134

last 24 months

Capital by year

Equity funding into asset management in India

amount rounds
$57m201810
$52m201911
$18m20205
$53m202113
$26m20227
$111m20237
$110m202412
$156m202512
$54m20261

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.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$13.52m9 rounds · median US$1.45m
SeedUS$28.10m17 rounds · median US$1.56m
Series AUS$126.32m12 rounds · median US$7.83m
Series BUS$289.23m13 rounds · median US$19.00m
Private equityUS$53.65m1 rounds · median US$53.65m
Where the money went · five years

Most-funded sub-sectors

Asset managementUS$504.18m47 rounds · 22 companies
K-12 edtechUS$3.50m1 rounds · 1 companies
Investment consultantsUS$3.00m1 rounds · 1 companies
Investment techUS$149k3 rounds · 1 companies
Corporate activity · last 24 months

M&A in India

119Acquisition
9Merger
3Undisclosed

Most active acquirers

  1. Sbi mutual fund14
  2. Authum investment & infrastructure11
  3. Nippon india mutual fund7
  4. Hdfc mutual fund7
  5. 360 one6

Most acquired or merged

  1. Reliance capital7
  2. Nuvama Wealth Management7
  3. Avendus5
  4. Emkay Global Financial Services3
  5. Asian paints3

Each deal appears in the events strip at the top of the page.

Founders and momentum in Kolkata

Meet 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.

Keep exploring asset management in India and nearby markets.

Coming soon