Radar Companies Asset Management · Maharashtra
Radar · Asset Management in Maharashtra

Best Asset Management Companies in Maharashtra, India

The 436 best Asset Management companies in Maharashtra, India in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Aditya Birla Capital.

436companies tracked
$1.9Bdisclosed funding
0unicorns
34have raised

Ranked: Best Asset Management companies in Maharashtra

#CompanyRevenueDisclosed fundingLast roundRevenue YoYEmployeesApp-install YoYRecent signals
1Invesco Mutual Fund
Provider of mutual funds investments services
$6.4B
FY2025
29 mo ago+5%2142 launchs
2Aditya 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
$4.8B
FY2025
$839M10 mo ago+18%789+21%
3Reliance Capital
Financial services company
$3.0B
FY2024
$213M73 mo ago+27%1,001
4Edelweiss
Provider of investment management, SME loans, and insurance services
$1.1B
FY2025
69 mo ago+9231%13
5Piramal Capital & Housing Finance
Provider of consumer, housing, and business loans
$811M
FY2024
$30M126 mo ago15,035
15,035 → 13,839 (-8%) · sector median +25%
+55%2 awards
6JM Financial
Provider of investment banking, wealth management, and institutional equities services
$584M
FY2024
72 mo ago+45%160
7Abans Finserv
Provider of investment management services
$388M
FY2025
+138%
8India Infoline
Traditional Broker for trading in stocks, mutual fund, and commodities
$304M
FY2025
126 mo ago+15%+6%
9Avendus
Corporate consultancy and advisory service provider
$183M
FY2025
$175M94 mo ago+53%215
10Alpha Alternatives
Provider of investment solutions
$136M
FY2025
$43M44 mo ago+3%973 job openings · 1 launch
11ASK Group
Asset & wealth management platform
$132M
FY2025
$125M113 mo ago-1%336
336 → 401 (+19%) · sector median +25%
12ASK Investment Managers
Provider of discretionary portfolio management and alternative investment fund services
$132M
FY2025
$125M113 mo ago-1%155
13InCred Capital
Private debt firm
$66M
FY2025
$37M91 mo ago+57%40
14Abakkus Asset Manager
Provider of investment management services
$51M
FY2024
86
86 → 118 (+37%) · sector median +25%
1 job opening
15IDFC Asset Management Company
Provider of asset management services
$50M
FY2021
$442K174 mo ago+20%586
586 → 494 (-16%) · sector median +25%
16360 One
Provider of asset and wealth management software for businesses
$50M
FY2025
50 mo ago+25%631 award
17Abans Investment Managers
Diversified asset management firm
$28M
FY2025
$1M22 mo ago+858%3
18ValueQuest
Provider of portfolio management services
$16M
FY2025
$3M11 mo ago+63%70
70 → 121 (+73%) · sector median +25%
193P Investment Managers
Provider of investment management services
$12M
FY2025
+152%
20Marcellus Investment Managers
Provider of portfolio management and investment advisory services
$12M
FY2025
$3M64 mo ago-31%95
95 → 98 (+3%) · sector median +25%
21Neo Wealth Management
Provider of wealth management and financial advisory services
$11M
FY2025
$13M10 mo ago+52%226
22Quantum Advisors
Provider of investment advisory & research services
$9M
FY2025
$18M119 mo ago-6%56
56 → 71 (+27%) · sector median +25%
1 partnership
23Neo Group
Provider of wealth and asset management
$9M
FY2025
$92M2 mo ago+66%170
24Neo Asset Management
Provider of alternative asset management solutions focusing on credit and fixed income
$9M
FY2025
$48M22 mo ago+66%65
65 → 93 (+43%) · sector median +25%
25Sanctum
Provider of wealth management and financial advisory services
$9M
FY2025
$37M56 mo ago+17%114
114 → 140 (+23%) · sector median +25%
26Waterfield Advisors
Provider of wealth management and financial advisory strategic consulting services
$7M
FY2025
$14M15 mo ago+32%28
27JUNO
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
$3M
FY2025
$4M58 mo ago+34%66+38%
28Alpha Capital
Multi-family office
$2M
FY2025
$2M129 mo ago+19%20
29Cervin Family Office & Advisors
Provider of family office advisory services
$839K
FY2025
$1M75 mo ago+56%
30Credent Global
Diversified asset management and capital raising advisory firm focused on real estate and multiple sectors
$817K
FY2025
$140K86 mo ago+44%
31Ayan Analytics
Provider of investment management and financial services
$591K
FY2025
$686K58 mo ago+46%
32Integrow Asset Ma gement
Asset management fim
$215K
FY2025
$3M55 mo ago-54%21
21 → 24 (+14%) · sector median +25%
33Scient Capital
Scient Capital is a quant-driven multi-asset management firm specializing in alternative asset management…
$102K
FY2025
42 mo ago-37%8
34Crescita Investment Management
Diversified investment management firm
$81K
FY2025
78 mo ago-14%
351 Finance
Provider of digital tools for personal financial planning and analysis
$40K
FY2025
-16%68
36Moneyfront
Online platform to invest in direct mutual funds
$23K
FY2025
$160K120 mo ago+49%
37Abans Group
Diversified conglomerate operating across multiple industries
2
38Coheron Wealth
Provider of wealth management strategies, solutions, and research for financial clarity
$3M23 mo ago
39White Oak
Provider of investment management & advisory services
$10M29 mo ago7
40Mahindra Manulife
Mutual Fund Company
$35M84 mo ago+23%
41MO Alternate Investment Advisors
Venture capital fund investing in consumer brand startups
$28M241 mo ago5,001
7,927 → 15,054 (+90%) · sector median +25%
1 partnership · 2 awards

Top 12 Asset Management companies in Maharashtra

#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.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 96k LinkedIn followers — 3.2% of this cohort's audience
Activity: 1 partnerships (incl. HURUN INDIA) announced in 12 mo
Funding rounds
  • Mar 2026PE$53.7M
  • Nov 2025Series B$25M
  • Aug 2025Series B$19M
  • Feb 2025Series B$20M
Founders & team
Puneet JainCo-Founder & CIO & MDVarun BajpaiCo-FounderShajikumar DevakarCo-Founder & Co-CEO
Investors
MUFG Bank, Peak XV Partners, Euclidean Capital, Morde, Goyal Group, Sugal & Damani
Tech stack
Apache Http ServerCdnjsCloudflareGodaddyGoogle AnalyticsGoogle Font Api
#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.

Fliar Intelligence Index™ 92how this company ranks against its industry peers
Innovation
top 8%
Tech
top 9%
Funding
top 11%
Market
top 17%
Product
top 26%
Moat
top 26%
Innovation: 18 new-product events in 24 mo
Tech: 100 technologies across 7/8 capability areas · Cloud: Amazon Alb, Amazon Cloudfront · Devops: Envoy, Nginx
Funding: Raised $839M across 5 rounds · 5 rounds over 7 yrs (0.7/yr) · Last round Post IPO (Aug 2025)
Audience (LinkedIn): 745k LinkedIn followers — 24.8% of this cohort's audience
Funding rounds
  • Aug 2025Post IPO
  • Jan 2025Conventional Debt$95.9M
  • Jun 2023Post IPO$366M
  • Aug 2022Post IPO$83.1M
Founders & team
Vishakha MulyeCEO
Investors
BlackRock, Capital Group, Norges Bank, RBC Royal Bank, M&G, ADIA
Tech stack
Amazon AlbAmazon CloudfrontAmazon S3Amazon Web ServicesAmchartsAngular
#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.

Funding rounds
  • Aug 2025Series B$44.7M
  • Jun 2025Angel$2.3M
  • Feb 2025Series A$22M
  • Sep 2024Series A$10M
Founders & team
Hemant DagaCo-Founder & Co-CEOPuneet JainCo Founder & CIOVarun BajpaiCo-Founder
Investors
Atha Group, VT Capital, Yukti Securities, Asa Retail Solutions, Dev Vandana Private Trust, Dra Finance and Investment
Tech stack
Amazon CloudfrontAmazon Web ServicesAnime.JsAosBootstrapCdnjs
#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.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 30k LinkedIn followers
Funding rounds
  • Feb 2025Series B$15M
  • Jan 2022Series B$6M
  • Dec 2019Series A$6M
  • Mar 2014Series A$2.2M
Founders & team
Allison RodricksExecutive Assistant To Founder & CeoSanjay TeliCo-Founder & DirectorSoumya RajanFounder & CEO
Investors
Zephyr Management, Vernalis Capital, TVS Capital Funds, Gaja Capital, Pali Hill Capital Management, L N Bangur Group
Tech stack
Apple Icloud MailCloudflareCloudflare Browser InsightsGoogle AdsGoogle Ads Conversion TrackingGoogle Analytics
#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.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 6k LinkedIn followers
Funding rounds
  • Jul 2024Series B$3.8M
  • Oct 2023Series B$35M
  • Dec 2021Series A$6.8M
Founders & team
Hemant DagaCo-Founder & CEONitin JainManaging Director
Investors
Peak XV Partners, Morde, SN Damani Developers, BridgeMonte, S N Damani Infra, Goyal Group
#6
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.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 9k LinkedIn followers
Funding rounds
  • Jun 2025Angel$2.8M
Founders & team
Ravi DharamshiCo-Founder & CIOSameer ShahCo-Founder and Portfolio ManagerDeepak RamachandraCEO
Tech stack
AngularAosApache Http ServerApexcharts.JsApple Icloud MailBootstrap
#7
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.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 626 LinkedIn followers
Funding rounds
  • Jul 2024Angel$646.8K
  • Oct 2023Seed$2.2M
Founders & team
Raman BVFounder & CEO
Investors
JMP Securities, Bang Papers, United Infracore Limited, Bang Data Forms, Kaaa Infra And Financial Services, Evolutetrading
Tech stack
Animate.CssApache Http ServerBootstrapCdnjsCloudflareCloudflare Bot Management
#8
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.

Funding rounds
  • Apr 2020Post IPO$33.3M
  • Mar 2016Post IPO$180M
Founders & team
Murlidhara Kadaba
Investors
HDFC Bank, Nippon Life Insurance, Reliance Capital, LeapFrog Investments
Tech stack
BootstrapGoogle Font ApiHstsJqueryMicrosoft Asp.NetModernizr
#9
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.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 162k LinkedIn followers — 5.4% of this cohort's audience · 121 engagements/post (2.3× cohort median)
Funding rounds
  • Jul 2018Series B$2.6M
  • Nov 2017Series B$152M
  • Jul 2008Series A$23.3M
  • Mar 2008Unattributed$30.7K
Founders & team
Kaushal AggarwalCo-Founder & Managing DirectorRanu VohraCo-Founder & Executive Vice ChairmanRanu VohraCo-Founder
Investors
Fender Consultants, Gaja Capital, Yogesh Agencies & Investment, Damavand Capital, Aster Business Research, Infinity Venture
Tech stack
CdnjsCloudflareCookieyesEnvoyGoogle AnalyticsGoogle Tag Manager
#10
Acquired · Mumbai, Maharashtra · founded 2013 · 97 employees
$42.8Mraised

Provider of investment solutions. The company designs investment solutions to generate consistent alpha over long time frames and across market cycles. It offers liquid alternatives, illiquid alternatives and beta strategies. The company aims to be a platform for people and ideas to succeed.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 44k LinkedIn followers
Hiring: 3 hiring posts in 12 mo (public) · momentum +3 · hiring: Junior Research Analyst, Trading Systems Engineer
Activity: 1 product launches announced in 12 mo
Funding rounds
  • Sep 2022Series B$16.3M
  • Aug 2020Series A$13.4M
  • Mar 2019Series A$7.1M
Founders & team
Naresh KothariCo-Founder & Managing PartnerPrashant KothariCo-Founder & CEO & Director
Investors
Kothari Family Private Trust, Breathe Capital
Tech stack
BootstrapContact Form 7Font AwesomeGoogle Font ApiGoogle Tag ManagerHostinger
#11
Series B · Mumbai, Maharashtra · founded 2017 · 7 employees
$10.3Mraised

Provider of investment management & advisory services

LinkedIn Pulse recent public activity · Jul 2026
Audience: 56k LinkedIn followers
Funding rounds
  • Jan 2024Series B$10.3M
Founders & team
Prashant KhemkaFounderAashish SomaiyaaCEO
Tech stack
Amazon SesAmazon Web ServicesCdnjsCloudflareFancyboxFont Awesome
#12
Series A · Mumbai, Maharashtra · founded 2018 · 3 employees
$1.2Mraised

Diversified asset management firm. It offers a variety of innovative investment products primarily in the alternative investment space, include Market Linked Debentures/Structured Notes, Global Arbitrage Fund, Alternative Investment Fund, and Portfolio Management Services.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 770 LinkedIn followers
Funding rounds
  • Jul 2024Series A$1.2M
Founders & team
Abhishek BansalFounder & Managing DirectorBhavik ThakkarCEO
Tech stack
Animate.CssCdnjsCloudflareCodeigniterGodaddyGoogle Analytics

Funding & investor landscape

$1.9Btotal disclosed funding
29companies funded
72disclosed rounds
1rounds last 90 days
Most active investors
Atha Group3 rounds
BridgeMonte3 rounds
Morde3 rounds
Peak XV Partners3 rounds
S N Damani Infra3 rounds
Advent International2 rounds
Biological E2 rounds
Elevation Capital2 rounds
GIC2 rounds
Gaja Capital2 rounds

Notable founders

Puneet Jain
Co-Founder & CIO & MD · Neo Group
Varun Bajpai
Co-Founder · Neo Group
Vishakha Mulye
CEO · Aditya Birla Capital
Hemant Daga
Co-Founder & Co-CEO · Neo Wealth Management
Allison Rodricks
Executive Assistant To Founder & Ceo · Waterfield Advisors
Sanjay Teli
Co-Founder & Director · Waterfield Advisors
Nitin Jain
Managing Director · Neo Asset Management
Ravi Dharamshi
Co-Founder & CIO · ValueQuest
Sameer Shah
Co-Founder and Portfolio Manager · ValueQuest
Raman BV
Founder & CEO · Coheron Wealth
Murlidhara Kadaba
· Reliance Capital
Kaushal Aggarwal
Co-Founder & Managing Director · Avendus
Prism market signals · India · country-scoped Prism corpus, 6,126,392 docs

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

How many Asset Management companies are there in Maharashtra, India?
Radar tracks 436 indexable Asset Management companies headquartered in Maharashtra, India, India, that meet our profile-completeness bar.
What is the total funding raised by Asset Management companies in Maharashtra, India?
The Asset Management companies in Maharashtra, India on this list have raised a combined $1.9B in disclosed equity funding across 29 funded companies.
Which is the highest-funded Asset Management company in Maharashtra, India?
Aditya Birla Capital is the highest-funded Asset Management company in Maharashtra, India, with $838.6M in disclosed equity funding.
How many Asset Management companies in Maharashtra, India are funded?
29 of the 436 Asset Management companies in Maharashtra, India on this list have disclosed at least one equity funding round.
How many Asset Management unicorns are there in Maharashtra, India?
None of the Asset Management companies in Maharashtra, India on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Maharashtra, India Asset Management companies?
The most active investors in Maharashtra, India Asset Management companies on this list include Atha Group, BridgeMonte, Morde, Peak XV Partners, S N Damani Infra.
Riya SenguptaFinancials

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.

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