Company lists
The Ahmedabad edition · 2026

Financial servicescompanies in Ahmedabad

Loans & lending, accounting & tax, wealth & asset management, insurance, stock brokers and more: the companies building financial services in Ahmedabad, Gujarat, with their founders, funding, team size and business models.

259 company profiles77 with reported revenue7 with recorded fundingOctober 2026 edition
Ahmedabad · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent financial services business events in India

Funding, M&A, contract wins and launches involving 9,984 financial services companies in India, last 24 months: 577 M&A deals · 264 funding rounds · 218 Contracts · 144 launches. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.

ContractService

Indian overseas bank · client: National

National Aluminium Company Limited (NALCO) has signed a Memorandum of Understanding (MoU) with Indian Overseas Bank (IOB) to roll out a Corporate Salary Package for its employees.

Banking
M&AAcquisition · Completed

Life insurance corporation of india acquires NHPC

Life Insurance Corporation of India (LIC) has increased its holding in state-owned hydropower major NHPC Ltd by acquiring a 0.76 per cent stake through open market transactions on June…

Hydropower
M&AAcquisition · Announced

Axis bank acquires Axis Max Life Insurance

Private lender Axis Bank on Monday said it has raised its stake in Axis Max Life Insurance Company to 19.9%.

Insurance
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

Corient acquires Capital advisors

Corient announced an agreement to acquire Capital Advisors, a Tulsa, Oklahoma-based RIA with $7.8 billion in assets under management (AUM).

Investment Advisory / RIA
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
FundingAdditional Investment

Axis Max Life Insurance

Axis Bank Limited has announced an additional investment of up to Rs. 3,80,60,36,780/- in Axis Max Life Insurance Company Limited.

Investors Axis bank
Life Insurance
M&AAcquisition · Announced

Na acquires Central bank of india

Khaitan & Co, acted as legal counsel to the Broker, Goldman Sachs (India) Securities Private Limited, in relation to the offer for sale of equity shares of Central Bank of India held by…

Banking/Financial Services
M&AAcquisition · Announced

Online psb loans acquires AvenuesAI Limited

AvenuesAI Limited in its stock exchange filings said that the board has approved the proposal to pick 7% minority equity stake in Online PSB Loans Limited (OPL) as a strategic investment.

Artificial Intelligence
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
M&AAcquisition · Completed

Lic acquires Central bank of india

In an exchange filing, the Central Bank of India said LIC acquired 26.26 crore equity shares, representing 2.901% stake in the public sector lender, through market purchases on May 22.

Banking
M&AAcquisition · Completed

TVS Motor acquires Jana small finance bank

The acquisition was finalised on 22nd May 2026, marking a significant step for TVS Motor in expanding its investment portfolio. The company now holds a 4.90% stake in Jana Small Finance…

Financial Services
M&AAcquisition · Announced

Corient acquires Capital advisors

Corient announced an agreement to acquire Capital Advisors, a Tulsa, Oklahoma-based RIA with $7.8 billion in assets under management (AUM).

Wealth management
M&AAcquisition · Announced

TVS Motor Company Limited acquires Jana small finance bank

Jana Holdings Limited agreed to sell approximately 4.9% (four point nine percent) of the total paid-up equity share capital of Jana Small Finance Bank to TVS Motor Company Limited. The…

Banking
M&AMerger · Announced

Power finance acquires REC Limited

The decks have been cleared for the merger of REC Limited with the Power Finance Corporation (PFC), with the boards of the two government-owned companies approving the proposal made in…

Power Finance
M&AAcquisition · Announced

Tvs credit services acquires Jana small finance bank

The investment in Jana Small Finance Bank will allow for mutual collaboration in various areas for the long-term success of the Bank, subject to applicable laws, according to a statement.

Banking
M&AAcquisition · Announced

TVS VENU acquires Jana small finance bank

Under the SPA the acquisition is expected to be completed within three months from May 18 TVS Motor Company, on Monday, May 18, said it will acquire a 4.9% stake in Jana Small Finance…

Financial Services
M&AAcquisition · Announced

TVS Venu Group acquires Jana small finance bank

TVS Venu Group acquired a 9.9 per cent stake in Jana Small Finance Bank for ₹193.3 crore as part of a broader investment to deepen its presence in India's financial services sector, the…

Small Finance Banking
M&AAcquisition · Announced

Emirates NBD Bank acquires Rbl bank

The proposed investment, by way of primary infusion of approximately USD 3 billion (about 26,850 crore) represents one of the largest international investments in the Indian banking sector.

Banking
M&AAcquisition · Announced

Tvs group acquires Jana small finance bank

the TVS Group is set to acquire a 9.99% stake in Jana Small Finance Bank through a preferential allotment, marking a significant strategic investment in the small finance banking space.

Banking
M&AAcquisition · Announced

Shivalik small finance bank acquires ManiBhavnam Home Finance

Shivalik Small Finance Bank, backed by Japan's largest lender Sumitomo Mitsui Banking Corporation (SMBC), is in the final stages of acquiring Delhi-based ManiBhavnam Home Finance in a…

Housing Finance
ContractGovernment

Dynacons Systems and Solutions · client: Reserve bank of india

after the IT infrastructure company announced it has secured a Rs 750.82 crore order from the Reserve Bank of India to set up and manage private cloud infrastructure across the central…

IT infrastructure
ContractInfrastructure

Nbcc (india) limited · client: Canara bank

NBCC has secured a contract for the construction of an office building and residential quarters for Canara Bank in Palarivattom, Kochi, valued at approximately ₹54.35 crore.

Banking and Residential Infrastructure
ContractInfrastructure

Dynacons Systems & Solutions · client: Reserve bank of india

Dynacons Systems & Solutions Ltd has secured a major contract from the Reserve Bank of India worth ₹750.82 crore for building private cloud infrastructure for its data centres.

Banking
ContractService

Dynacons Systems & Solutions · client: Punjab & sind bank

In February, Dynacons had secured a ₹108.88 crore contract from Punjab & Sind Bank for implementing and managing an on-premises private cloud infrastructure over five years.

Technology
M&AAcquisition · Completed

Barclays acquires Tesco’s banking arm

Barclays’ £600m takeover of Tesco’s banking arm last year.

Retail banking
M&AAcquisition · Announced

Federal bank acquires Standard Chartered Bank

Federal Bank said it agreed to acquire a select credit card portfolio of around 4.5 lakh cards from Standard Chartered Bank, India, comprising customers with standalone card relationships.

Banking
M&AMerger · Announced

Tjsb sahakari bank acquires The Bhavani Sahakari Bank Ltd.

the Reserve Bank of India has approved the voluntary amalgamation of The Bhavani Sahakari Bank Ltd. with TJSB Sahakari Bank.

Cooperative banking
ContractService

Welspun enterprises · client: Indo Global Soft Solutions and Technologies Pvt Ltd

In March 2026, Welspun Enterprises Ltd had leased 4.5 lakh sq ft of commercial office space in Radius IT Park in Pune's Hinjewadi for over ₹82 crore, according to property registration…

Real Estate
M&AAcquisition · Announced

Federal bank acquires Standard Chartered Bank

The Board of Directors of Federal Bank, at its meeting held on April 30, 2026, has approved that the bank proceed to enter into a deed of assignment with Standard Chartered Bank, India,…

Banking

Financial services companies in Ahmedabad, by revenue

Browse financial services companies in Ahmedabad by reported revenue, one-year revenue growth, revenue model, age and stage. The 50 companies below are the largest by their most recent reported revenue among 77 financial services companies in Ahmedabad, Gujarat that have filed a figure in the last four years. Every figure keeps its own reporting period, so compare periods before comparing amounts.

Showing 25 of 50

Provider of equity and debt brokerage services and financial solutions

Brokers and dealers
₹29,660.29 crFY 2024-25
+25%2024–2025
—Not available
23 yr2003
0none in 3 months

Bullion trader in Chennai

Financial exchanges
₹5,680.32 crFY 2021-22
Not reported
—Not available
55 yr1971
—No postings tracked

Provider of financial and retirement planning services

Asset management
₹5,816.88 crFY 2024-25
+1%2024–2025
11LinkedIn · Jul 2026
29 yr1997
0none in 3 months

Stock and commodity trading firm

Brokers and dealers
₹2,397.55 crFY 2024-25
+146%2024–2025
3+0% 12 mo to Sep 2024recorded Sep 2024
42 yr1984
0none in 3 months

Home loans in semi urban and rural areas

Consumer and sme loans
₹1,600.15 crFY 2024-25
+24%2024–2025
338-64% vs previous recordLinkedIn · Jul 2026
19 yr2007
0none in 3 months

Provider of consumer and SME loans

Consumer and sme loans
₹1,285.68 crFY 2023-24
Not reported
1,590+38% 12 mo to Mar 2024recorded Mar 2024
38 yr1988
—No postings tracked

Provider of financial products and investment services

Asset management
₹1,133.48 crFY 2024-25
+37%2024–2025
1,666-6% 12 mo to Aug 2024LinkedIn · Jul 2026
26 yr2000
0none in 3 months

Auto loans provider

Consumer and sme loans
₹661.53 crFY 2023-24
+56%2023–2024
3+52% 12 mo to Jul 2024LinkedIn · Jul 2026
34 yr1992
1postings · last posted Sep 2026

Provider of microfinance services to low-income households

Microfinance
₹505.20 crFY 2024-25
+9%2024–2025
906+16% 12 mo to Sep 2024LinkedIn · Jul 2026
15 yr2011
0none in 3 months · last posted Jun 2026

Microloans for empowering small households

Microfinance
₹494.93 crFY 2024-25
-5%2024–2025
1,017+37% 12 mo to Sep 2024LinkedIn · Jul 2026
17 yr2009
5postings · last posted Sep 2026

Provider of financial services

Services for investment industry
₹175.28 crFY 2024-25
+244%2024–2025
—Not available
43 yr1983
0none in 3 months

Healthcare TPA

Services for health insurers
₹143.53 crFY 2023-24
Not reported
860+12% 12 mo to Sep 2024recorded Sep 2024
23 yr2003
—No postings tracked

M&A corporate advisory firm

Asset management
₹128.67 crFY 2024-25
+103%2024–2025
50LinkedIn · Jul 2026
6 yr2020
0none in 3 months

Company offering a wide range of services including stock broking, IPO investment, and mutual funds trading

Brokers and dealers
₹128.27 crFY 2024-25
+7%2024–2025
—Not available
16 yr2010
0none in 3 months

Financial services company offering accounting, consulting, and efficiency management solutions

Finance & accounting services
₹108.92 crFY 2024-25
+3%2024–2025
863+24% vs previous recordrecorded
37 yr1989
2postings · last posted Sep 2026

Provider of insurance risk and planning management services

Insurance distribution
₹101.06 crFY 2024-25
+113%2024–2025
102LinkedIn · Jul 2026
9 yr2017
0none in 3 months

Provider of short-term and long-term business loans to individuals, corporates

Service providers to banks
₹79.33 crFY 2024-25
+32%2024–2025
—Not available
15 yr2011
0none in 3 months

Financial data analysis

Finance & accounting services
₹69.85 crFY 2024-25
+25%2024–2025
384+2% 12 mo to Sep 2024LinkedIn · Jul 2026
14 yr2012
0none in 3 months · last posted Jun 2026

Provider of accounting, bookkeeping, auditing, and tax consultancy services

Finance & accounting services
₹69.21 crFY 2024-25
Not reported
358+3% 12 mo to Mar 2024LinkedIn · Jul 2026
11 yr2015
0none in 3 months · last posted Jul 2026

Investment management and retirement planning firm

Asset management
₹66.96 crFY 2023-24
Not reported
69-3% 12 mo to Jul 2024recorded Jul 2024
34 yr1992
—No postings tracked

Manufacturer of injection molded plastic parts and molds

Insurance distribution
₹44.42 crFY 2024-25
+19%2024–2025
—Not available
20 yr2006
0none in 3 months

Stock brokerage firm

Brokers and dealers
₹25.26 crFY 2021-22
Not reported
7+0% 12 mo to Mar 2023recorded Mar 2023
33 yr1993
—No postings tracked

Financing and trading firm

Asset management
₹27.35 crFY 2024-25
+1086%2024–2025
6recorded
22 yr2004
0none in 3 months

Provider of investment management services

Asset management
₹27.24 crFY 2024-25
+190%2024–2025
64LinkedIn · Jul 2026
10 yr2016
0none in 3 months · last posted Jul 2026

Provider of web-based end-to-end trading and investment management solutions

Investment tech
₹14.64 crFY 2024-25
-23%2024–2025
13LinkedIn · Jul 2026
19 yr2007
0none in 3 months
50 of 259 companies shown here · the full list is on Radar
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Explore all 259 financial services companies in Ahmedabad on Radar

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Explore financial services companies in Ahmedabad by what you are looking for

Browse top financial services companies in Ahmedabad, from loan providers and banks to insurance brokers, stock brokers and accounting firms. You can also find financial services startups in Ahmedabad and listed financial services companies in Ahmedabad.

9 ways to explore financial services in Ahmedabad

Loan & lending companiesAccounting, tax & financial consulting firmsWealth & asset management companiesInsurance brokers & insurance companiesStock brokers & trading companiesBanks & co-operative banks

Loan & lending companies

Consumer, SME, home and microfinance lenders serving individuals and small businesses.

  1. MRHMFL

    Home loans in semi urban and rural areas

    Consumer and sme loans
    See in list
  2. Mas Financial Services

    Provider of consumer and SME loans

    Consumer and sme loans
    See in list
  3. Arman Financial Services

    Auto loans provider

    Consumer and sme loans
    See in list
  4. Pahal Financial Services

    Provider of microfinance services to low-income households

    Microfinance
    See in list
  5. Light Microfinance

    Microloans for empowering small households

    Microfinance
    See in list

Accounting, tax & financial consulting firms

Accountants and consultants offering audit, taxation, bookkeeping and advisory services.

  1. Paperchase Accountancy

    Financial services company offering accounting, consulting, and efficiency management solutions

    Finance & accounting services
    See in list
  2. Online PSB Loans

    Provider of accounting, bookkeeping, auditing, and tax consultancy services

    Finance & accounting services
    See in list
  3. DAP Training

    Provider of financial & tax planning and investment management services

    Finance & accounting services
    See in list
  4. Integrity Data Services

    Provider of bookkeeping, payroll management, tax consulting, and other financial services

    Finance & accounting services
    See in list
  5. Awfficacy

    Provider of HR & management consulting, audit, and accounting services

    Finance & accounting services
    See in list
75 companies in Ahmedabad

Wealth & asset management companies

Investment, wealth management and financial planning firms.

  1. Anmol Finsec

    Provider of financial and retirement planning services

    Asset management
    See in list
  2. Prudent

    Provider of financial products and investment services

    Asset management
    See in list
  3. Beeline Capital Advisors

    M&A corporate advisory firm

    Asset management
    See in list
  4. WEALTH FIRST

    Investment management and retirement planning firm

    Asset management
    See in list
  5. Sameeksha capital

    Provider of investment management services

    Asset management
    See in list

Insurance brokers & insurance companies

Insurance brokers, agents and carriers offering life, health and general cover.

  1. Health India TPA Services

    Healthcare TPA

    Services for health insurers
    See in list
  2. Arron Insurance Brokers

    Provider of insurance risk and planning management services

    Insurance distribution
    See in list
  3. Anar Insurance

    Provider of general & life insurance services

    Insurance distribution
    See in list
  4. Intact Insurance Brokers

    Provider of insurance brokerage services

    Insurance risk management
    See in list
  5. Rakshamitra

    Provider of car, health & life insurance services

    Insurance distribution
    See in list

Stock brokers & trading companies

Stock, commodity and securities brokerage firms.

  1. SunriseGilts

    Provider of equity and debt brokerage services and financial solutions

    Brokers and dealers
    See in list
  2. Shiv Sahai

    Bullion trader in Chennai

    Financial exchanges
    See in list
  3. AuSom Enterprise

    Stock and commodity trading firm

    Brokers and dealers
    See in list
  4. Prarambh Securities

    Company offering a wide range of services including stock broking, IPO investment, and mutual funds trading

    Brokers and dealers
    See in list
  5. ISL consulting

    Stock brokerage firm

    Brokers and dealers
    See in list

Banks & co-operative banks

Commercial and urban co-operative banks plus technology and equipment providers to banks.

  1. Beeline Capital Advisors

    M&A corporate advisory firm

    Asset management
    See in list
  2. Sampati Securities

    Provider of short-term and long-term business loans to individuals, corporates

    Service providers to banks
    See in list
  3. VDCAP

    Provider of financial services

    Service providers to banks
    See in list
  4. Armour electronics

    Manufacturer of safes and security equipment to banks, hotels and offices

    Banking equipment manufacturers
    Website
  5. PropLegit

    Provider of digital solutions for property and ownership verification services

    Service providers to banks
    Website
19 companies in AhmedabadAll 281 banks companies in India →

Listed financial services companies in Ahmedabad

Publicly listed financial services companies based in Ahmedabad.

  1. AuSom Enterprise

    Stock and commodity trading firm

    Brokers and dealers
    See in list
  2. Mas Financial Services

    Provider of consumer and SME loans

    Consumer and sme loans
    See in list
  3. Prudent

    Provider of financial products and investment services

    Asset management
    See in list
  4. Arman Financial Services

    Auto loans provider

    Consumer and sme loans
    See in list
  5. Murad Properties & Projects

    Provider of financial services

    Services for investment industry
    See in list
24 companies in Ahmedabad

Financial services startups in Ahmedabad

Newer financial services companies in Ahmedabad founded in recent years.

  1. Steptrade Capital

    Provider of a investment firm specializing in SME exchange-focused wealth creation through alternative investment funds and portfolio management

    Services for investment industry
    See in list
  2. Rakshamitra

    Provider of car, health & life insurance services

    Insurance distribution
    See in list
  3. Raintree Insurance Broking

    Provider of risk management and insurance brokerage services

    Insurance distribution
    See in list
  4. VDCAP

    Provider of financial services

    Service providers to banks
    See in list
  5. DAP Training

    Provider of financial & tax planning and investment management services

    Finance & accounting services
    See in list
52 companies in Ahmedabad

Financial services companies hiring in Ahmedabad

Financial services companies in Ahmedabad with open jobs right now.

  1. Arman Financial Services

    Auto loans provider

    Consumer and sme loans
    See in list
  2. Pahal Financial Services

    Provider of microfinance services to low-income households

    Microfinance
    See in list
  3. Light Microfinance

    Microloans for empowering small households

    Microfinance
    See in list
  4. Paperchase Accountancy

    Financial services company offering accounting, consulting, and efficiency management solutions

    Finance & accounting services
    See in list
  5. Knowcraft

    Financial data analysis

    Finance & accounting services
    See in list
17 companies in Ahmedabad
Mobile reach

Top 10 financial services apps from Ahmedabad

The most-installed Android apps published by financial services companies headquartered in Ahmedabad — 1.1M installs between them. 27 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

Prudent Client Desk

by Prudent

Installs359K
Rating4.832K ratings
Installs, year on year+16%
Last updatedMar 2026
View on Google Play ↗
Prudent Client Desk screenshot 1Prudent Client Desk screenshot 2Prudent Client Desk screenshot 3Prudent Client Desk screenshot 4Prudent Client Desk screenshot 5Prudent Client Desk screenshot 6
2

THE KALUPUR COMM. CO-OP. BANK

by Kalupur Bank

Installs298K
Rating—
Last updatedNov 2025
View on Google Play ↗
THE KALUPUR COMM. CO-OP. BANK  screenshot 1THE KALUPUR COMM. CO-OP. BANK  screenshot 2THE KALUPUR COMM. CO-OP. BANK  screenshot 3THE KALUPUR COMM. CO-OP. BANK  screenshot 4
6

Veritas Mutual Fund

by Veritasins

Installs22K
Rating—
Last updatedMay 2026
View on Google Play ↗
Veritas Mutual Fund screenshot 1Veritas Mutual Fund screenshot 2Veritas Mutual Fund screenshot 3Veritas Mutual Fund screenshot 4
7

ACML PRO

by Acml

Installs19K
Rating—
Last updatedApr 2026
View on Google Play ↗
ACML PRO screenshot 1ACML PRO screenshot 2ACML PRO screenshot 3ACML PRO screenshot 4ACML PRO screenshot 5ACML PRO screenshot 6
10

WAVE First

by WEALTH FIRST

Installs3K
Rating—
Last updatedOct 2025
View on Google Play ↗
WAVE First screenshot 1WAVE First screenshot 2WAVE First screenshot 3WAVE First screenshot 4WAVE First screenshot 5WAVE First screenshot 6
The business behind the activity

Financial services financials in Ahmedabad

Revenue, profit and growth from the filed annual accounts of 70 financial services companies in Ahmedabad, Gujarat for FY24-25 — 88 of the 259 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 88% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹11,577.03 cr

70 companies filing accounts

combined net profit₹388.25 cr

3.4% aggregate margin

are profitable80%

55 of 70 companies

median revenue~₹4.7 cr

the typical company

median revenue growth+27%

into FY24-25

earned by the top five88%

revenue concentration

Six-year view

Combined revenue of filing companies

₹10,690.38 crFY19-2054 filers
₹8,184.02 crFY20-2158 filers
₹6,602.58 crFY21-2269 filers
₹6,003.48 crFY22-2371 filers
₹8,703.78 crFY23-2470 filers
₹11,577.03 crFY24-2570 filers

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

Like-for-like

The same 64 companies over three years

+94%
FY22-23₹5,431.55 cr₹82.63 cr net
FY23-24₹8,638.71 cr₹239.03 cr net
FY24-25₹10,511.91 cr₹224.61 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 cr1850% profitable
₹1–10 cr2685% profitable
₹10–100 cr1694% profitable
₹100–1,000 cr888% profitable
Over ₹1,000 cr2100% profitable

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

Momentum

How fast revenue moved into FY24-25

Shrinking15
0–20%12
20–50%16
50–100%10
Doubled+12

65 companies with accounts for both years; median growth +27%.

Profitability

Profit is concentrated at the top

55profitable
14loss-making
3.4%aggregate margin
5.8%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
Murad Properties & ProjectsFRANKLIN INDUSTRIES LIMITED+244%₹175.28 cr
Sameeksha capitalSAMEEKSHA CAPITAL PRIVATE LIMITED+190%₹27.24 cr
AuSom EnterpriseAUSOM ENTERPRISE LIMITED+147%₹2,406.34 cr
Beeline Capital AdvisorsBEELINE CAPITAL ADVISORS PRIVATE LIMITED+103%₹128.67 cr
Online PSB LoansONLINE PSB LOANS LIMITED+54%₹69.14 cr
Chartered Capital And InvestmentCHARTERED CAPITAL AND INVESTMENT LIMITED
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Emerald InvestmentsTRANSAUTO AND MECHAIDS PRIVATE LIMITED
WEALTH FIRSTWEALTH FIRST PORTFOLIO MANAGERS LIMITED57.2%₹58.96 cr
Sameeksha capitalSAMEEKSHA CAPITAL PRIVATE LIMITED51.9%₹27.24 cr
Chartered Capital And InvestmentCHARTERED CAPITAL AND INVESTMENT LIMITED
Anar InsuranceANAR INSURANCE BROKERS LIMITED
AcmlACML CAPITAL MARKETS LIMITED38.6%₹17.23 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Asset management14₹7,068.83 cr~₹11.9 cr86%3.7%
Brokers and dealers7₹2,576.28 cr~₹17.2 cr71%2.4%
Consumer and sme loans5₹512.48 cr~₹3.7 cr75%0.3%
Finance & accounting services13₹350.82 cr~₹3.4 cr85%8.1%
Services for investment industry5₹195.52 cr~₹6.4 cr60%9.6%
Insurance distribution10₹54.95 cr~₹4.8 cr80%2.9%
Leaders

Largest financial services companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Anmol FinsecANMOL FINSEC LIMITED₹5,816.21 cr₹64.47 lakh0.0%+1%
AuSom EnterpriseAUSOM ENTERPRISE LIMITED₹2,406.34 cr₹19.62 cr0.8%+147%
PrudentPRUDENT CORPORATE ADVISORY SERVICES LIMITED₹994.86 cr₹156.58 cr15.7%—
Pahal Financial ServicesPAHAL FINANCIAL SERVICES PRIVATE LIMITED₹505.20 cr₹6.37 cr1.3%+9%
Light, Light MicrofinanceLIGHT MICROFINANCE PRIVATE LIMITED₹494.93 cr——-5%
Health India TPA ServicesHEALTHINDIA INSURANCE TPA SERVICES PRIVATE LIMITED₹178.43 cr₹1.84 cr1.0%+24%
Murad Properties & ProjectsFRANKLIN INDUSTRIES LIMITED₹175.28 cr₹11.16 cr6.4%+244%
Beeline Capital AdvisorsBEELINE CAPITAL ADVISORS PRIVATE LIMITED₹128.67 cr₹37.28 cr29.0%+103%
Prarambh SecuritiesPRARAMBH SECURITIES PRIVATE LIMITED₹125.53 cr₹38.26 cr30.5%+5%
Paperchase AccountancyPAPERCHASE ACCOUNTANCY INDIA PRIVATE LIMITED₹108.92 cr₹3.41 cr3.1%+3%
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

Financial Services Industry Landscape of Ahmedabad

The financials above are one chapter. The full financial services landscape of Ahmedabad 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 financial services landscape of Ahmedabad
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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

Financial services funding and M&A across India

1,188 recorded equity rounds have gone to 9,984 financial services companies in India — how much, at which stage, into which sub-sectors, from whom, and how Ahmedabad compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months14

US$217.38m

equity rounds, last 24 months71

US$1.06bn

raised over five yearsUS$7.49bn

432 rounds in India

M&A deals, India577

last 24 months

Capital by year

Equity funding into financial services in India

amount rounds
$1.3bn2018100
$1.8bn2019100
$1.1bn202069
$1.4bn202197
$1.7bn2022110
$1.4bn202376
$2.2bn202486
$639m202552
$190m202611

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2024, with US$2.15bn across 86 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$57.23m55 rounds · median US$470k
SeedUS$267.35m125 rounds · median US$977k
Series AUS$657.41m74 rounds · median US$5.77m
Series BUS$1.35bn65 rounds · median US$12.03m
Series CUS$1.49bn39 rounds · median US$24.00m
Series D+US$2.69bn61 rounds · median US$29.23m
Private equityUS$976.72m13 rounds · median US$53.65m
Where the money went · five years

Most-funded sub-sectors

Consumer and sme loansUS$4.12bn189 rounds · 83 companies
MicrofinanceUS$824.55m35 rounds · 15 companies
Alternative lendingUS$529.89m27 rounds · 11 companies
BanksUS$520.04m16 rounds · 6 companies
Asset managementUS$504.18m47 rounds · 22 companies
Insurance carriersUS$359.00m10 rounds · 8 companies
Service providers to banksUS$153.11m36 rounds · 16 companies
Corporate activity · last 24 months

M&A in India

513Acquisition
51Merger
4Announced

Most active acquirers

  1. Sbi mutual fund17
  2. Na16
  3. Life insurance corporation of india12
  4. Authum investment & infrastructure12
  5. Corient11

Most acquired or merged

  1. Yes bank18
  2. Sammaan Capital13
  3. Rbl bank11
  4. Nuvama Wealth Management9
  5. Shriram finance8

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

Financial services funding in Ahmedabad

7 financial services companies in Ahmedabad have recorded equity funding, US$195.91m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Ahmedabad

Meet the people behind financial services companies in Ahmedabad. 96 of 259 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Ahmedabad financial services companies by sub-sector

The most common specialisations among financial services companies in Ahmedabad. Open a company to see what it sells, who runs it and how far it has come.

Keep exploring financial services in India and nearby markets.

Coming soon